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Cars are the future of energy storage

A number of years ago, one of the smartest entrepreneurs in the electric industry (as evidenced by the timing of his sale of generating assets to a big energy producer) bought a hybrid car. He said it was a mobile electric battery and that he’d sell electricity back to the grid from it, sooner or later. That was a while ago. Now every major automotive manufacturer around the world is making a big commitment to electric vehicles (EVs). And yes they are basically mobile batteries.

Renault, which has cross-ownership arrangements with Nissan and Mitsubishi, just announced the creation of Renault Energy Services. This new corporate unit is dedicated to a broad array of challenges: the smart grid, charging systems and electric storage.

Because these are automotive companies, the electric vehicle as the center of the operation. But if we learned that an electric utility was exploring these three areas in some integrated way we would certainly not be surprised either.

Leonard Hyman and William Tilles

https://www.usatoday.com/story/money/energy/2017/10/26/analysis-cars-future-energy-storage/796072001/

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