New Report on Battery Storage
A new report on battery storage has been published. It is about the global growth in energy storage. As a subscriber you can download the full report, and view all previous ones. Below, you will find the sources used to compile this report, along with my own commentary. Please note that while sources like the Financial Times, Wall Street Journal, and The Economist are behind paywalls, you do not need to subscribe to them. Your Skool subscription provides access to the most important energy economics articles from these publications, which I have curated and explained in simple language. Why read these reports? Developing deep expertise in the energy sector is essential when writing effective code (Data Science / Machine Learning for Energy Economics) but also, for handling professional conversations with clients and colleagues with competence (display expertise). You can access all reports by clicking on 'Classroom' and navigating to Section 6.2. You can find all the reports by clicking 'Classroom' and then go to section 6.2. ------------------------------- KEY MESSAGES -------------------- Battery storage refers to the large batteries that are connected to power grids, to electric vehicles, etc. Batteries are also in small electronic devices. But the main growth is happening in the large batteries connected to power grids. This is because 3 things happen at the same time: electricity demand increases + battery cost reduces + electricity generation unpredictability increases (due to more and more renewables connecting). These 3 factors have been driving the growth in Battery installations globally. Read all the details in the new report . To download it, click Classroom and then find the section 6.2. Sources for this report: [1] Financial Times: https://www.ft.com/content/874fb936-86de-4fa5-95a1-92afb46e2538 [2]: McKinsey: https://www.mckinsey.com/features/mckinsey-center-for-future-mobility/our-insights/the-hidden-trends-in-battery-supply-and-demand-a-regional-analysis