Clean energy represents addition not transition. Renewables need to increase 10x from 2018 levels to provide, together with nuclear, more than 25% of global energy.
30% C&I plan to invest in CHP.
Lithium Ion storage to grow 8x by 2022. Prices expected to fall 82% from $219/kWh in 2017 to $39/kWh in 2040.
Lithium-ion batteries for the electric grid currently cost $280-$350/kWh expected to fall to about $100/kWh.
NY 1,500 MW of storage by 2025. Storage deployment to support renewables.
Storage added to existing solar, wind and hydro.
Goal to replace cobalt from storagewith nickel and disordered rock salt.
Non-bank financial firms large and near majority of real estate lending. CMBS finance of real property. C&I expect onsite generation 25% by 2025. Expect reduced legal fees as law firms compete for new business with PE and VC. R&D support for "two dozen" hydrogen projects. 7 MM EVs by 2025, from 567,000 in 2016 representing 7% of new car sales. New uses of power: