Balmoral Resources Ltd BALMF

Metals & Mining Industrial Metals & Minerals

Balmoral Resources Ltd is an exploration stage mining exploration and development company. It is engaged in the acquisition and exploration of gold and base metal properties in Canada. The principal focus of the company's exploration activities are the properties comprising its Detour Trend Project in Quebec.

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Balmoral Resources Ltd

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Post by goodtoreadthison Sep 07, 2018 10:24am

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Post# 28578889

Home LI batteries skyrocket- Bloomberg

Bloomberg

Climate Changed

Residential Energy Storage Surging, No Longer Just a ‘Cool Toy’

By

Brian Eckhouse

September 5, 2018, 5:00 AM EDT

Home installs outnumbered grid projects in second quarter
Consumer installations concentrated in California and Hawaii

Demand for residential energy-storage is surging in the U.S., with more capacity installed in the second quarter than in all of 2017.

Consumers installed home batteries with 57.5 megawatt-hours of storage capacity last quarter, according to a report Wednesday from the Energy Storage Association and Wood Mackenzie Power & Renewables. That’s more than the 39.8 megawatt-hours added during all of last year. It was also the first time residential storage exceeded big utility-scale projects, which totaled 51 megawatt-hours for the quarter.

Declining costs are helping drive the surge in energy storage, along with wider availability of solar-plus-storage products. At the same time, consumers are showing more interest in generating and using their own power, and utilities are starting to impose time-of-use rates with prices that vary depending on when electricity is consumed. California will soon require solar atop almost all new homes, which should encourage greater battery adoption.