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The Big Green Bang: how renewable energy became unstoppable

Bruce Huber quoted in the FT:

This time could be different Some green energy veterans bruised by past setbacks think there is a reason to be more optimistic today: batteries. “I have been early twice in financing the low-carbon energy transition,” says Bruce Huber, co-founder of the Alexa Capital advisory group. “But we feel it’s third time lucky.” One reason for his optimism is what he calls the “tectonic plate-shifting” in the car industry that is driving down the cost of energy storage. Storing clean power has long been a holy green grail but prohibitive costs have put it out of reach. This has begun to change as battery production has ramped up to meet an expected boom in electric cars. Lithium ion battery prices have halved since 2014, and many analysts think prices will fall further as a slew of large battery factories are built.”

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