Archive for July 9, 2009
The Booming Battery Market
An article at the beginning of the month in Business Week predicts the storage battery market will grow substantially by 2015, likely exceeding $50 billion.
Writer Michael Butler offers interesting interpretations of the forecast, urging balance:
It’s also important to note that advanced battery-centric solutions may not be able to deliver on their full promise and potential. So, we also need to look beyond batteries, to a combination of available and efficient next-generation energy storage technologies that can help us reach our commercial and environmental goals.