1. Poised for Growth.
- Author
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RAY, RUSSELL and MISER, TIM
- Subjects
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ELECTRIC utilities , *ENERGY storage , *BATTERY storage plants , *STORAGE batteries , *LITHIUM-ion batteries , *STORAGE battery manufacturing , *GOVERNMENT policy , *ECONOMICS - Abstract
The article talks about an energy mandate adapted by California in October 2013 that requires the state's investor-owned electric utilities to buy 1.3. gigawatt of energy storage capacity by the end of 2020. Topics include the role played by the mandate in accelerating the development of battery energy storage technologies, the emergence of lithium ion batteries as the breakout technology in the sector, and companies positioned to take advantage of the emerging market including ABB.
- Published
- 2014