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Follow The Money: Ubs Says
Views: 459
Aug 21 2014 05:10 PM | eds in Solar Power
Union Bank of Switzerland (UBS) says:. . . the payback time for unsubsidised investment in,
. . . electric vehicles plus rooftop solar plus battery storage,
. . . will be as low as 6-8 years by 2020,
. . . triggering a massive revolution in the energy industry.
“The expected rapid decline in battery cost by (more than) 50% by 2020,
. . . should not just spur EV sales, but also lead to
. . . exponential growth in demand for stationary batteries to store excess power.”
08-21-2014 Source: Follow the Money: UBS says
