Electric vehicles. Renewable energy. Wind farms and solar arrays. These are the technologies that will ‘lead the way’ of the next century’s industrial trends. They exist today, of course, but just where they will go, and what they will look like in a century, are simply unknowable.There are some things we do know. It is certain that today’s electrical and energy storage tech is going to evolve, changing its shape to adapt to the industrial-technological landscape that is growing up around us even now. Evercore analyst James West describes this as the next ‘Mega Theme,’ and dubs energy storage as the ‘third pillar’ of tomorrow’s power grids.“The future of energy storage isn’t strictly about lithium-ion batteries although electrochemical technologies such as li-ion will continue to dominate and be deployed at ‘utility-scale.’ There is an arms race underway for…
Energy Storage Is the Next ‘Mega Theme;’ These 2 Stocks Are Poised to Benefit
