By David Fessler Up until a few years ago, energy storage was expensive. Many thought it a poorly understood, niche technology.
But technology marches on. And battery energy storage technology does as well.
Prices for this tech are dropping. And energy densities and demand are increasing.
Energy storage is big. And it’s about to get even bigger.
Record-Breaking Year
2020 was shaping up to be a record-breaking year for the U.S. energy storage sector. And it started out strong.
The first quarter saw residential energy storage rise a record 10%.
Then the coronavirus hit.
In April, residential energy storage fell 40% from March’s level.
I’m not surprised. There aren’t many sectors that …read more
