The Booming Battery Market

July 9, 2009 at 1:02 pm Leave a comment

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.

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