Climate Changed
NextEra CEO: Cheap, `Disruptive' Batteries Coming to Kill Coal
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Cheap batteries coupled with wind or solar power will soon compete head-to-head with coal-fired and nuclear plants.
Solar farms with about four hours of storage capacity will be able to sell power for about 3.5 cents within a few years, said Jim Robo, chief executive officer of NextEra Energy Inc., the world’s largest generator of power from wind and sunshine. Wind paired with batteries will be even cheaper, at about 2.5 cents.