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Bullboard - Stock Discussion Forum Advantage Lithium Corp AVLIF

Metals & Mining Industrial Metals & Minerals
Advantage Lithium Corp is engaged in the acquisition and exploration of lithium properties. It operates in single segment namely the exploration and development of unproven exploration and evaluation assets. The company's principal business objective has been the identification and evaluation of companies, businesses, properties, or assets with a view to acquisition or participation therein... see more

OTCQX:AVLIF - Post Discussion

Advantage Lithium Corp > Home LI batteries skyrocket- Bloomberg
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Post by goodtoreadthis on Sep 07, 2018 10:22am

Home LI batteries skyrocket- Bloomberg

Bloomberg
Climate Changed

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

By 
Brian Eckhouse
  • 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.

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Advantage Lithium Corp