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'Best Is Yet to Come' for Energy Storage Technology


North America for Leclanché.
Kelly Speakes-Backman, former CEO of the Energy Storage Association who was recently named to a top post at the U.S. Dept. of Energy, told the audience at
POWER’sDistributed Energy Conference last year that additions of battery storage doubled in 2020, and probably would have tripled if not for construction slowdowns caused by the COVID-19 pandemic.
Lower battery costs have supported growth. The EIA said the cost of utility-scale battery storage in the U.S. fell almost 70% between 2015 and 2018. The U.S. National Renewable Energy Laboratory (NREL) projects that increased battery production, and market competition, will continue to drive costs down. NREL recently said it sees mid-range costs for lithium-ion batteries falling another 45% by 2030. ....

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