AUSTRALIA

Battery growth imminent

NEW research forecasts capital spend in grid-scale battery storage technologies to reach $US1.107 billion ($A1.46 billion) this year, with rapid growth over the next 10 years, the timeframe that RISC Advisory believes the technology will take to compete with natural gas.

Anthony Barich

Marketing and research firm ASDReports' new study included capital expenditure forecasts for lithium-ion, flow, sodium-based, advanced lead acid and other batteries, plus energy storage technologies for...

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