The redox flow battery market is growing. After more than 40 years of research, and 20 years of testing and demonstration projects, the flow batteries are now technologically ready to compete on the energy storage market. With a forecasted CAGR of 30% in the next years, this technology is looking to have all the characteristics to address each segment of the energy storage market, from residential to grid scale application.

Electrics and robotics squares the circle of seeking a wider variety of depleting materials in nastier, more remote places from the seafloor to four kilometres underground, up remote mountains and later outer space. Zero-emission microgrids on-site, sensors everywhere and new information and communications technology lubricate the process.

The electric vehicle market is growing rapidly, and with it the demand for fast charging, increased energy density and improved safety. Something that all these areas have in common is heat. Charging a battery quickly generates a lot of heat, with the extra energy capacity of modern and upcoming electric vehicle batteries, extracting this heat becomes more challenging.

The EV market is booming. The battery is a key feature for both cost and performance, the chemistry and cell levels are extensively discussed. However, everything else that goes into a pack is often overlooked.

IDTechEx will be hosting a free webinar on Wednesday 25 March 2020 titled Electric Vans: The Time is Now.

Historically, growth in the Li-ion battery market has been due to consumer electronics. Moving forward, Li-ion battery demand will be driven by growth in electric vehicle adoption, which has grown steadily over the last 10 years. Subsidies in countries such as Norway and China, especially, have encouraged EV sales.