Predictions for the future of battery storage and renewables from the BNEF's latest Energy Storage Outlook report

9 Aug 2019

Bloomberg New Energy Finance’s latest Energy Storage Outlook report highlights that the rise of electromobility and demand for stationary storage will drive lithium-ion battery costs down by a further 50% by 2040. Additionally predicted in the report, solar and wind energy are set to supply almost 40% of the world’s electricity by 2040, up from 7% today.

 

The Report takes a global view and Suncredit Energy are excited to be a part of the worldwide energy transition to a largely renewable system supported by storage, with its UK pipeline of 355MW of battery storage projects.

 

Read the full article here:

 

https://pv-magazine-usa.com/2019/08/01/utility-scale-rather-than-behind-the-meter-batteries-will-drive-energy-storage-take-up/?utm_source=pv+magazine+USA&utm_campaign=e8c547a26c-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_80e0d17bb8-e8c547a26c-135825413

 

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