What are the main challenges in energy storage technology?
The main challenges include cost, efficiency, lifespan, and scalability of storage systems.
Can you explain why cost is a significant challenge?
Certainly! High costs of materials and manufacturing processes make energy storage systems expensive to produce.
What about efficiency? How does it impact energy storage?
Efficiency affects how much energy can be stored and retrieved. Low efficiency means more energy loss during the process.
Are there any recent advancements that address these challenges?
Yes, advancements in battery technology, like solid-state batteries, aim to improve efficiency and reduce costs.
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