Big batteries coming of age prompt bankers to place their bets

Banks are now discovering the battery industry which could be on track to one day revolutionize electrical grids in the management of unpredictable output from wind and solar farms.

BY JOE RYAN & BRIAN ECKHOUSE, BLOOMBERG

The idea that giant batteries may someday revolutionize electrical grids has long enthralled clean-power advocates and environmentalists. Now it's attracting bankers with the money to make it happen.

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Scottish energy strategy to make offshore wind subsidy-free
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