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Utilities are starting to invest in big batteries instead of building new power plants
February 25, 2019 /
Due to their decreasing costs, lithium-ion batteries now dominate a range of applications including electric vehicles, computers and consumer electronics.
You might only think about energy storage when your laptop or cellphone are running out of juice, but utilities can plug bigger versions into the electric grid. And thanks to rapidly declining lithium-ion battery prices, using energy storage to stretch electricity generation capacity.
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Posted in: Regional Business News, Energy and Climate Change
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