Smart Cities

Is Energy Storage Quickly Becoming a Mainstream Technology?

It wasn’t that long ago that we were only really talking about Tesla in the stationary energy storage space. There were other firms with similar offerings but Tesla was the most high profile and media hungry. ABB, GE, LG, Panasonic and Samsung all joined the market, global aerospace, defence and security firm Lockheed Martin also moved into energy storage. Now it seems automakers have got to grips with the Tesla business model and are entering the race. Tesla CEO Elon Musk launched the stationary battery chapter for his company back in April 2015 claiming, “our goal is to fundamentally change the way the world uses energy.” The serial entrepreneur made stackable batteries with sleek designs that created a market where there was none. Solar firms, like Musk’s own SolarCity, began offering solar + storage systems that theoretically offered homeowners energy independence. Later that year, Daimler’s Mercedes Benz launched it’s 2.5 kWh, stackable to 20 kWh, […]

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