Thursday, March 12, 2026

Energy companies ramp up energy storage systems – Indianapolis Business Journal

IBJ illustration/Audrey Pelsor
It’s like catching sunshine in a bottle and saving it for a cloudy day.
Energy storage—the process of capturing energy and using it later—is nowhere near as easy as standing in the back yard with a jar. It’s a multibillion-dollar industry that spans batteries, pumped hydro systems, electric storage coils and towering gravity-elevator systems.
Demand for clean energy, and the storage systems that accompany it, is rising across the nation. Hundreds of large corporations, from Apple Inc. to General Motors Co., are clamoring for clean energy to help them lessen their carbon footprint from fossil fuels—a move known as the “green transition.”
Households, too, increasingly want clean energy, and electric utilities are moving quickly to replace coal generation with renewables, such as wind and solar.
But for all the soaring…

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