
Energy Storage Report 2014 review: battery prices, distributed energy storage, the Alstom takeover, vanadium redox flow batteries and energy return on investment. Photo credit: Animam for Energy Storage Report
It’s already dimming in the memory. But before 2014 fades out of sight completely, let’s remember this was an important 12 months for energy storage.There was plenty of the usual hype, of course, but also a real sense that energy storage was being taken seriously at last… and some pretty big stories. Of all our headlines over the last 12 months, these are the ones that you were most keen to read.
1. Why you might want to give up this year’s profit
In January we reported on how a handful of battery makers could force an industry showdown by taking a long-term bet on market dominance and lowering prices. And if they did not, there was a good chance automakers might force price reductions anyway.
Our prediction was that the battery market was reaching a tipping point similar to that seen a few years ago in the photovoltaic (PV) solar sector, where one or two players could trigger a wave of consolidation by launching cut-price products.
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