Bigger, better batteries are speeding up change in the U.S. electricity sector and could help power a rally in Xcel Energy Inc., American Electric Power Co. Inc. and other utility and renewable energy stocks, Barron’s reported.
Tesla Chief Executive Elon Musk wants to solve Puerto Rico's energy crisis, not in the short-term, but for the long-haul. Musk says he plans to talk with Puerto Rico Governor Ricardo Rosselló and the governor has responded positively.
The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) and Clean Energy Group (CEG) has just released the first comprehensive study on the potential size of the commercial behind-the-meter battery storage market in the U.S.
As the demand for lithium for storage batteries increases, it has created pressures on the lithium mining and processing sector. No one was prepared for the demand as electric car sales went from near zero a decade ago to over half-a-million last year.
Research and development in energy storage have given us a whole gamut of storage battery concepts, including lithium-ion, lead acid, sodium chemistries, and flow technologies. This has made clean energy battery storage a fast-growing industry.
