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Battery storage: The next disruptive technology in the power sector

December 15, 2017

 

Low-cost storage could transform the power landscape. The implications are profound. 
 
Storage prices are dropping much faster than anyone expected, due to the growing market for consumer electronics and demand for electric vehicles (EVs). Major players in Asia, Europe, and the United States are all scaling up lithium-ion manufacturing to serve EV and other power applications. No surprise, then, that battery-pack costs are down to less than $230 per 

 

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