Published by www.israel21c.org on September 6, 2023.
“When you look at electricity production, you realize renewable energy has already arrived,” Yonadav Buber tells ISRAEL21c.
“The cost of renewable energy production is already competing with that of coal and natural gas. The only reason we haven’t yet become dependent on renewable energy is that it works whenever it wants – you can’t turn on the sun at night or make the wind blow.”
There are lots of companies examining ways to store renewable energy to make it more available. “But I always think that the simplest solution is also the best one,” Buber says.
And as the CEO of Israeli energy storage startup BaroMar, Buber believes his company has reached such a solution – storing renewable energy underwater, right on the seabed.
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BaroMar is an energy storage startup. BaroMar CTO Sergio Koren is a Technion alumnus.