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Stock impact report

Google is building a bevy of renewable energy in Minnesota—including the world's largest battery system providing power for a whopping 100 hours [Yahoo! Finance Canada]

Xcel Energy Inc. (XEL) 
Last xcel energy inc. earnings: 1/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.xcelenergy.com
Minneapolis to be powered by a practical utopia of clean energy: lots of wind, solar, and, notably, the world's largest battery storage system. While the battery business is now booming , most storage systems provide power in four-hour durations, or increasingly, eight hours. But the Form Energy technology Google will utilize aims to dispatch up to 100 hours of power at a time. Form's iron-air battery technology offers multiday durations intended to keep the power on during prolonged severe weather events, peak summer demand, or just a particularly cloudy week that weakens solar power. The idea is that renewable power—when coupled with shorter- and long-duration batteries—can finally shed the reliability concerns of critics and offer the equivalent of baseload power provided by fossil fuel generation and nuclear power. “This is the largest announced energy storage project in the world,” Form cofounder and CEO Mateo Jaramillo told Fortune . “It definitively confirms the business Show less Read more
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