John Walsh: Why battery technology could be a game-changer for Ireland’s energy needs | Business Post

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John Walsh: Why battery technology could be a game-changer for Ireland’s energy needs | Business Post
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Why battery technology could be a game-changer for Ireland’s energy needs, writes JohnWalsh09.

Elon Musk is investing in very exciting technologies. A Tesla subsidiary is building a more than 100 megawatt energy storage project in Texas, a battery that could power about 20,000 homes. Picture: William K Clark/Shutterstock

The carbon tax introduced by the government in 2010 to fund the move away from fossil fuels will increase by €7.50 per ton to €41 per ton on May 1. The proceeds will help to finance retrofitting 500,000 homes by 2030, among other measures. Sinn Féin and a number of independent TDs are opposed to a carbon tax. There is justifiable concern that lumbering people with an additional financial burden in a high-inflationary environment will worsen the cost of...

 

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