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Storage Solutions

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Speaking at the Dentons Global Energy Summit in London this week,
. . . Doyle Beneby, CEO of US-based CPS Energy, said that,
. . . in 2014, the price of Li-ion batteries fell 20%,
. . . and is expected to fall by a further 15% in 2015.

In June, Barclays downgraded the entire US electricity sector to “underweight,”
. . . owing to the disruptive threat of solar-plus-battery systems.

In its report, Barclays said: “Over the next few years (…)
. . . a confluence of declining cost trends,
. . . in distributed solar PV power generation, and
. . . residential-scale power storage,
. . . is likely to disrupt the status quo."

In the 100+ year history of the electric utility industry, there has never before been,
. . . a truly cost-competitive substitute available for grid power.
We believe that solar-plus-storage, could reconfigure the organization, and
. . . regulation of the electric power business over the coming decade.

04-26-2015 Source:  Storage solutions


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