Utility Dive: Global energy storage deployment is expected to increase 122-fold over the next two decades to 1,095 GW/2,850 GWh by 2040, according to a new BloombergNEF (BNEF) report, published Wednesday. BNEF estimates this storage boom will require $662 billion of investment, even though the cost of lithium-ion batteries is expected to fall by 50% […]
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