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The Way We Get Electricity Is About to Change Forever

Superior batteries are on the way, and they could disrupt power markets within the next decade—Sooner Than You Think.
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The Way Humans Get Electricity Is About to Change Forever

Batteries are everywhere these days: in our iPhones, toothbrushes, vacuum cleaners, and electric cars. But batteries—really big batteries—are just getting started.

The idea is that grid-sized versions might be used to store excess wind and solar power, smoothing out the peaks and valleys of the electricity supply. There’s just one problem: Batteries are still way too expensive when stacked up against cheap coal and natural gas. Today, less than one-tenth of one percent of the world’s electricity spends any time in a storage battery.