I’ve been writing about energy storage for several months because it will be a fundamental enabling technology for cleantech, the sixth industrial revolution, and I believe it is destined to be a major investment theme for the next 20 to 30 years. I’ve written about an emerging consensus that sales in the energy storage sector will grow from $25 billion to over $100 billion by 2020. I’ve also written about a variety of technologies and companies that will benefit from explosive growth in the sector. In late December, I started to explain why I believe the energy storage sector needs to take baby steps before it can run and ended up doing a cost-benefit analysis of electric vehicles. Today I’m going to take another step back and try to concentrate on broader issues that will make the sixth industrial revolution fundamentally different from each of the five industrial revolutions that came before.
seekingalpha
