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In 5 Years, Batteries Will Blanket The U.S., Duke Executive Says
With the price of lithium-ion batteries expected to decrease nine percent each year, a panel of energy industry experts said they believe batteries will be prominent across the U.S.
Most customers want solar plus storage for their homes, even if the projects don’t make economic sense just yet. However, there are more emotional reasons behind the projects, such as more energy independence and having on-site backup power, according to the article.
Do you feel we will see an increase of battery-storage projects across the residential, commercial and industrial markets? Why or why not?
Electric utilities are dropping in on a wave of falling prices that will spur the expansion of battery storage across the United States in five years, a Duke Energy executive said in Chicago Thursday.
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