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.”

Please enable JavaScript to view this content.

Editor's note: IBJ is now using a new comment system. Your Disqus account will no longer work on the IBJ site. Instead, you can leave a comment on stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Past comments are not currently showing up on stories, but they will be added in the coming weeks. Please note our updated comment policy that will govern how comments are moderated.