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30 May
14:30

Long-duration energy storage to out-compete lithium-ion batteries: BNEF

Long-duration energy storage (LDES) may soon out-compete lithium-ion batteries in some applications, BloombergNEF said in a new study on Thursday. These systems are being used in clean energy applications, such as displacing fossil fuel generators and addressing the intermittent sources of renewable power. It allows storage of energy from renewables over extended periods of time, days or weeks. While many LDES are still in the early stages of development and mor…
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