The global power system is currently undergoing a profound transformation, transitioning from fossil fuels to renewable energy sources. In the first decade of the 2000s, we witnessed significant growth in natural gas generation, while the 2010s marked the rise of wind and solar power. However, early indications suggest that the 2020s will witness a surge in the development of “hybrid” power plants.
A hybrid power plant combines electricity generation with on-site battery storage. This entails pairing a solar farm with large-scale batteries, allowing them to work in tandem. Together, solar panels and battery storage systems can efficiently generate renewable power during the peak sunlight hours of the day. The excess energy can then be stored in batteries for later use, ensuring a continuous and reliable power supply even after the sun sets. This innovative approach enables the production of renewable energy 24/7, 365 days a year.