Data suggests the world's electricity storage pipeline is six times larger than existing capacity, as grid operators take advantage of rapidly declining battery costs.
The EU's 'Fit for 55' package is an opportunity to make climate action more effective by bringing clean energy and circular economy policies closer together, to reduce both greenhouse gas emissions and waste.
The world will not run out of minerals any time soon, and while developing domestic supply chains makes sense, this will not make or break the energy transition.
Researchers are developing solid-state lithium batteries that are safer, more powerful and longer lasting than today’s batteries, with electric vehicle applications the Holy Grail, Princeton University’s Kelsey Hatzell tells Energy Monitor.
Falling prices have made battery energy storage competitive for myriad applications on and off the grid. Additional support from policymakers will enable storage to realise its enormous potential.
Clean energy entrepreneur Danny Kennedy believes California’s Salton Sea geothermal field could be “a green, home-grown lithium resource” unlocking transport electrification.
Batteries are a key enabling technology of the energy transition. Lithium-ion batteries look set to dominate the future of batteries for some time.