The “electron economy” refers to a global shift towards using electricity as the main energy carrier. The term was coined about 11 years ago by Ulf Bossel, a fuel cell engineer and entrepreneur. In 2007, Michael Hoexter neatly summarized the electron economy concept based on Bossel’s ideas in a blog article that is unfortunately no longer accessible on the internet:
Energy storage is projected to grow rapidly in the USA over the next few years, according to an interesting Utility Dive article. Growth in the past year was over 40%, and they are projecting similar growth rates over the next few years.