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Large-Format Battery Technology an Answer

May 17, 2016 By Richard C. Young

Rechargeable backup battery bank at a data center.

Catrina Rorke explains to The American Conservative readers the promising prospects for Green Growth:

Prices for photovoltaic solar, wind, and battery-stored power are coming down quickly, reflecting advances in manufacturing, materials, and installation. If the experience of smaller lithium-ion batteries is any example, prices for large-format battery technology may drop by an order of magnitude in the next decade. Human ingenuity is making renewable energy cheaper to harvest, mobilize, and store for use when needed.

Distributed renewables present great opportunities for rapid availability in areas presently without reliable sources.

More from Rorke in the video below:

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Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
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