Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Jordan Blum

We're about to see a $1 trillion 'super-cycle' of investment in batteries to power the grid for AI

A manufacturing engineer prepares a battery storage submodule for lifting at Peak Energy's plant in California. (Credit: Peak Energy)

A decade ago, large-scale battery storage was considered the mythical Holy Grail to solving renewable energy’s intermittency woes with sunshine and wind. The early pilot projects remained in their infancy—too expensive to rapidly ramp up.

Today, technology advances and dramatic cost decreases combine to set up battery energy storage as the savior for both renewables and the overarching electric grid as power demand soars and Congress rapidly phases out tax credits for wind and solar energy.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.