Even High Battery Prices Can’t Chill the Hot Energy Storage Sector
2023-01-15
Battery prices rose 7% in 2022 and will remain elevated. But overall, there are more positive than negative forces acting on the fast-growing industry. Lithium-ion energy storage batteries in Blythe, California. Photographer: Bing Guan/Bloomberg Lithium-ion battery storage has expanded by orders of magnitude since the 1990s, with new devices creating ever-larger demand. Camcorders came f...