Battery storage:How it could solve our energy problems
Battery storage: How it could solve our energy problems
15 June, 2017 7.30 - By Matt Peacock Ike Hong represents the massive South Korean battery manufacturer Kokam, which is bidding for the power storage contracts in South Australia, Victoria and Queensland. South Korea has already adopted battery technology, even though almost a third of its power is generated by nuclear reactors. Last year when a nuclear reactor tripped the batteries saved the day. As battery prices continue to fall other countries are getting on board. "In the United States, UK, Asia, and everywhere globally, the utilities start picking up the storage system. They understand the need of the storage system," Mr Hong said. The Kore About Kokam and interview of Ike Inkwan Hong, Vice President at Kokam. Find out more at http://www.abc.net.au/news/2017-06-16/how-does-battery-storage-work/8624378 About ABC Media The Australian Broadcasting Corporation (ABC) is Australia's national public broadcaster, owned and funded by the government and established in 1929. The program, 7.30, is ABC TV's national flagship current affairs program led by two of Australia's most respected journalists. 7.30 provides the best analysis of local, national and international events from an Australian perspective, weeknights on ABC.