What are some new ways to produce energy that haven't been readily explained already? There's solar energy, wind-powered energy, water-powered energy, but what about using molten salts? This is exactly the idea that Cobra Energy has in mind when dreaming up the newest renewable energy project: creating a $1 billion solar energy plant spanning 250 milliwatts (MW) in Australia. Where do the salts come into play? Molten salts do well to save and store solar energy during the day. Thus, at night, these salts will continue to store and provide thermal energy for another seven and a half hours. This is definitely a environmentally-friendly way to provide energy for the continent of Australia during the night hours.
Cobra includes in their design plan the concept of using photovoltaic panels and solar thermal technology. By including these innovative energy methods into one, Cobra sets itself apart from other energy companies by providing over half of the 400 MW of solar power. However, the site of this magnificent plant is not yet determined. The funds of $1.5 billion are also in the process of being petitioned for through the Australian government's solar flagships program.
The design of this thermal plant is grandeur, to say the least. However, if Cobra does succeed in setting up and running this plant, we can kiss goodbye to the old school ways over producing energy and move into the more efficient, planet-friendly, and green way to power our environment.
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