CALGARY, ALBERTA, Jun 30, 2015 (Marketwired via COMTEX) — TransAlta Corporation (TA)TAC, -1.27% has been awarded $250,000 from Alberta Innovates – Energy & Environment Solutions (AI-EES) to help launch Alberta’s first large-scale commercial energy storage project.

Sourced through Scoop.it from: www.marketwatch.com

The world currently consumes 20 trillion kWh of energy annually.

Enough energy to power a single family home for 1.8 billion years or supply energy to a nuclear power plant for 2,300 years (or launch the Falcon 9 rocket seventeen million times).

Of all the fossil fuel consumed in the United States, one third is used in transportation and another third goes to electricity production. The US electric power sector alone produces over 2,000 million metric tons of CO2 which is like burning 225 billion gallons of gas. The EPA says it would require 1.6 billion acres of US forest to negate the environmental damage.

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