Smart Buildings

Citigroup Touts Energy Storage to Hasten the Demise of Fossil Fuels

Global investment banking group, Citi, says wide deployment of battery storage will hasten the demise of fossil fuels and any utilities that remain focused on centralised generation. Citigroup expects a rapid fall in battery manufacturing costs and estimates a $400 billion energy storage market by 2030. Citigroup claims that the battery phenomenon will be even more profound than the solar revolution of the last decade, and warns that any traditional utilities that remain focused on centralised generation will be left behind. For this reason, energy storage has been included as part of Citigroup’s analysis of the 10 major investment themes for 2015, stressing the significance of continued development in this technology. The issue is rapidly moving beyond those focused on the utilities and energy markets. Energy storage is now becoming part of mainstream financial thinking, and because of that will have a profound influence on capital flows across the globe. Citi says improvements in battery […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now from just $400 per year per user for Access to Quality Independent Smart Building Research & Analysis!

What Exactly Do you Get?

  • Access to Website Articles and Notes. Unlimited Access to the Library of over 2000 Articles Spanning 10 Years.
  • 10% discount on ALL Memoori Research reports for Subscribers!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now
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

Most Popular Articles

Zumtobel 2025
Smart Buildings

Zumtobel Invests €191 Million in R&D for Smart Buildings Growth

This Research Note examines Zumtobel, an Austrian listed lighting group active worldwide, highlighting its latest financial results as of 30th April 2025, published on 24th July. This updates our research note from last year. We also explore the Smart Building Solutions new business area, partnerships, and a European Investment Bank loan for research and development. […]

Hanwha Vision
Security

Hanwha’s Robust Financial Results: Significant $1Bn Revenue Achievement

This Research Note explores the development and financial highlights of Hanwha Vision, formerly known as Hanwha Techwin, a video surveillance company listed on the South Korean stock exchange. This analysis is based on  Hanwha Vision’s Sustainability Report, 2nd July 2025, and Memoori analysis. Hanwha Vision Profile Headquartered in South Korea, Hanwha Techwin entered the video […]

Legence 2025 IPO
Smart Buildings

Legence IPO Filing 2025: Financial & Market Position Analysis

This Research Note examines the recent Legence Corp. filing at the US SEC for an Initial Public Offering.  We highlight the transaction details, profile the business segments offering engineering, installation and maintenance services and sustainability consulting, and explore the financial highlights of the $2.1 billion revenue company. Transaction Details Blackstone is exploring a potential sale […]

Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.

Exit mobile version