Why We Need More Public Investment in Energy Storage Technology
When three scientists won the Nobel Peace Prize last year for their work on lithium-ion batteries, The New York Times was one of many outlets that drew the connection between improved energy storage and the fate of our planet: “By storing electricity generated when sunlight and wind are at their peak, lithium-ion batteries can reduce dependence on fossil fuel energy sources and help lessen the impact of climate change.”
Better batteries have the potential to provide a more sustainable future. But our CEO, Francis Wang, argues in POWER Magazine that this can't happen at the pace it needs to without the stability of public investment.