Battery Makers See a Big Break Coming -- No, Seriously This Time

  • California utilities say storage is competing with gas plants
  • Global market expected to grow to 11.3 gigawatts by 2020

Lithium-ion battery cells

Photographer: Tomohiro Ohsumi/Bloomberg
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Energy storage developers have been saying for a decade that the industry’s on the verge of a big breakthrough that will finally turn the battery into a major player in the power market.

At least this time around, they’ve got customers backing them up.