The industrial giant ABB was a client of mine in the late 1990s. I have a distinct fondness for them, though they represent the only business trip I regret not being able to make; due to a conflict in my schedule, I had to send one of my people to Helsinki to make the final presentation of our work for them.
In any case, great people, with a fantastically visionary view of the future of technology and its impact on civilization. Here’s a recent report on the current and near-term status of energy storage, which is very encouraging stuff for clean energy investors.
The only thing I have to add is the obvious: we’re getting there, though almost exclusively on the strength of pure market economics. When we can price in the externalities of fossil fuels, or, conversely, the environmental advantages of clean energy, we will be able to transition to renewables and energy storage in an incredible hurry. This, of course, is the theme of my most recent book: Bullish on Renewable Energy.
