Clean Energy

Today, more than ever, consumers are interested in investing in clean energy.  Clean energy includes energy efficiency and clean energy supply options like highly efficient combined heat and power, as well as renewable energy sources.

Storing the energy efficiently is also as important as producing it, since all energy waste damages the environment.

Lithium-based batteries are used to store power from off peak hours for use in peak hours

Key Statistics on Energy Storage

• June 24, 2008 headline “A123 Systems plugs lithium-ion batteries into power grid”
  (http://news.cnet.com/8301-11128_3-9976421-54.html)
   
• NanoMarkets estimates $8.3 billion battery storage market by 2016
   
• Lux Research estimates $60 billion battery storage market by 2013