In this week's Abundance Insider: A new record in residential energy storage, bioreactors for carbon sequestration, and democratized AI toolkits.
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Why it’s important: While solar photovoltaics (PV) receives most of the press, storage is a critical enabler of (or bottleneck to) clean energy adoption, allowing us to stabilize the inherent volatility of wind and solar generation. Moreover, as solar nears price parity with coal and natural gas, mass growth of total energy storage capacity will allow us to democratize clean and constant electricity, regardless of geography. As stated by the U.S. Energy Storage Association’s chief executive Kelly Speakes-Backman, “The long-term growth trends of energy storage deployment nationwide are encouraging and consequential for stakeholders, and for all electricity users who want and deserve a more resilient, efficient, sustainable and affordable electricity grid.” What new innovations might we unleash after returning the 4-8 percent of global GDP currently spent on energy back to the market? | Share on Facebook.
Why it’s important: For decades, Moore’s Law has continued to hold true, as transistor count (in integrated circuits) doubles roughly every two years, while price has remained constant. Today, however, consumer computer technology is rapidly approaching the physical limitations of standard silicon transistors—the pillar material for modern computing infrastructure. For this reason, engineers are now turning to new materials, and breakthroughs like that of the Arnold Group could prove decisive in augmenting current computation technology and birthing ultra-fast, lower-power devices. | Share on Facebook.
Why it’s important: In 2017, over 119,000 Americans suffered from staph infections, and almost 20,000 died as a result. Yet the disease is not solely limited to older segments of the population: the rate of MRSA in children increased tenfold from 1999 to 2008, and is still rising across the board today. Understanding the genetic factors that predispose patients to MRSA could allow researchers to develop far better treatments that exclude antibiotics entirely. Given rising levels of antibiotic resistance (particularly in highly industrialized nations), alternative therapies for common bacterial infections must be developed with haste. Studying the genome has now proven helpful in the case of MRSA, and a range of emerging gene-editing tools could soon drive medical innovation in fighting this disease and many others. | Share on Facebook.
Why it’s important: Over the past 800,000 years, global atmospheric carbon dioxide concentrations have varied between 180 and 280 parts per million (ppm). In 2017, atmospheric CO2 concentrations had reached 405 ppm—a figure that could easily exceed 500 in coming decades, according to climate scientists. This sharp increase, alongside record high temperatures in just the past few decades, makes novel carbon capture methods a necessity. In the emerging realm of biological sequestration, Hypergiant’s technique not only provides a scalable solution to reducing atmospheric carbon concentrations, but does so in space-deprived metropolitan areas. Moreover, the growing algae can be harvested and used as a high-protein food source, biofuel, or textile. As numerous carbon capture and utilization (CCU) startups leap to the scene, the construction of compact, artificial carbon sinks could help us tackle one of today’s most pressing Global Grand Challenges. | Share on Facebook.
Why it’s important: While almost every major corporation (and numerous SMEs) have long begun investing in AI R&D (not to mention recruitment of AI engineers and data scientists), services like that of DataRobot are actively democratizing access to sophisticated tools. We might even think about this as a possible inflection point in machine learning and AI’s user interface, now far more accessible. As a number of infrastructure startups—from Domino Data Labs to Algorithmia—pop up, ML’s use in business optimization problems is quickly becoming ubiquitous, quick, and easy. | Share on Facebook.
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