Energy Storage

Most legacy car makers need 15 years to switch to battery electric without collapsing. To keep their ICE cars legal and desirable, 50 are urgently upgrading them to 48V mild hybrids and many plan 48V full hybrids by a further upgrade. Peak sales $500 billion?

In this first part of a series of articles from IDTechEx, an overview of the flow batteries characteristics is provided, extrapolated from IDTechEx's recent report "Redox Flow Battery 2020-2030: Forecast, Challenges, Opportunities".

The rapid growth of the electric vehicle market has driven the development, manufacture and sales of batteries, especially lithium-ion batteries. In the meantime, a number of companies are betting on the next big energy storage technologies. Solid-state batteries are one of them.

The electricity market is evolving to allow a higher integration of variable energy sources and a new class of devices is approaching the market to satisfy this necessity.

Li-ion batteries are starting to near their performance ceiling. Delving into the trends being seen in patent applications and filings can provide insight into the key areas of innovation in Li-ion batteries and the areas of development favored by key players.

False-start - stagnation - market explosion: The CNT success story begins, as IDTechEx forecasts significant growth

IDTechEx estimates the global plug-in electric vehicle (BEV + PHEV) population reached 8.1 million units (including light commercial vehicles) by the end of 2019, supported by roughly five million charging outlets. There will be over 111 million plug-in EVs in-use globally by 2031: a massive driver for the wide-spread deployment of charging infrastructure.

Surprises abound in the new IDTechEx Research report, "Supercapacitor Markets, Technology Roadmap, Opportunities 2021-2041"

Wednesday 30 September - An overview of the electricity grid, and the potential of stationary energy storage; explanation and classification of Gravitational Energy Storage technologies; overview of the Compressed Air Energy Storage systems; and much more.

Despite the impact of Covid-19, substantial volumes of Li-ion batteries will soon be reaching their end-of-life. IDTechEx highlight the importance of Li-ion recycling and discuss what will drive growth in the market.