Duke funds underwrite renewable energy study

Duke Energy Indiana contributed $1 million to a new research initiative on the storage of energy created by renewable sources—the sun and wind—as part of a 2012 regulatory settlement.

How to store energy and use it efficiently on the electric grid will be the focus of research at the Southern Indiana Battery Innovation Center near the Crane Naval Surface Warfare Center.

“Electricity is a unique commodity because it must be produced at the exact time it’s needed,” said Duke Energy Indiana President Doug Esamann. “Technology that can store energy is a way to advance renewable energy sources such as wind and solar, which are clean, but not always available when power is needed.”

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