Electric Vehicles and the Future of Utilities
I READ BILL GATES' OBSERVATION about batteries in a book review of Daniel Yergin's new opus, The Quest.
Gates has pointed out that all the batteries in the world can store no more than 10 minutes of the world's energy needs. Increase that capacity exponentially and renewables will become pervasive - and a source of baseload generation. In addition, improved energy storage capabilities would transform transportation and sharply reduce our dependence on fossil fuels.
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