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Energy Giant Bets On Battery Breakthrough Within 5 Years

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Posted by OilPrice.com

on Tuesday, 24 October 2017 06:58

d56c89edf567c9847d49a97db588c18fNorth Carolina-based utility provider Duke Energy is betting on the rise of increasingly efficient battery technology to propel the rise of solar and wind power over the next five years, according to a new report by Forbes.

“There’s going to be a lot of excitement around batteries in the next five years. And I would say that the country will get blanketed with projects,” Duke Energy business development managing director Spencer Hanes said on Thursday as part of a conference in Chicago.

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