EV batteries offer huge energy storage potential says BNEF

on September 2, 2016

power engineerA new report states that there is huge energy storage potential in repurposing used electric vehicle batteries.

Analysts from Bloomberg New Energy Finance believe that using these batteries could bring about a new form of low cost energy storage.

In the report, BNEF senior analyst Claire Curry calculates that there will be 29 GWh of used EV batteries coming out of cars by 2025 – a capacity that she says “far exceeds the size of the current stationary storage market”.

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PowerEngineeringEV batteries offer huge energy storage potential says BNEF