Energy Storage

Thursday 24 March 2022 - Green Construction: Growing Demand for Electric Construction Machines. Electric construction vehicles a $105 billion market in 2042. Find out more in this webinar presented by IDTechEx Technology Analyst, Dr David Wyatt

Carbon Nanotubes 2022-2032 - Market, Technology, Players - MWCNTs, FWCNTs & SWCNTs benchmarking study and critical appraisal; VACNTs, sheets, yarns, composites, slurries, and more; granular CNT market forecasts; key manufacturer profiles and analysis; interview-based company profiles

The US Department of Energy's paper, "Grid Operational Impacts of Widespread Storage Deployment" analyzes requirements to 2050. It variously calculates 1.3 TWh required to just over 6.0 TWh in its 94% renewable electricity, Zero Carbon scenario. Earlier, other researchers calculated 80% wind and solar will require 5.4 TWh of energy storage so it is obvious that huge amounts of storage are needed. Even that is with massive over-production and therefore curtailment - electricity only being generated 10% to 20% of the time on average. Polluting peaker plants only have 11% capacity factor so, on that model, bad replaces bad in that respect.

Thursday 10 March 2022 - Saving the planet and reducing local pollution and costs means mainly solar and wind power for the next 20 years with its sudden shut-downs, extended weaknesses and inability to follow demand even when it is working. Major stationary storage will be demanded in three waves.

There has been a ramp-up of charging infrastructure to make EV charging more widespread and publicly accessible. A holistic approach is being taken where fast chargers, destination chargers, and home chargers all play an important role in supporting the different electric segments. The industry is seeing increased investments, collaboration, and innovation that will hopefully help today's parking lots become tomorrow's charging stations.

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In our surreal world, we continue to subsidize fossil fuels. We rarely subsidize the huge missing link on the way to 100% renewables, which is providing massive amounts of delayed electricity. People misunderstand. They think we do. Uniquely, the IDTechEx report "Future Stationary Energy Storage: Hydrogen, Batteries, Gravity, Gas, Other 2022-2042" looks at all the proliferating needs and technologies on the essential 20-year timescale ahead. It finds that the problems are largely solved of very brief fluctuations previously avoided by the momentum of rotating machines used in fossil fuel plants.

On the face of it, 2021 was a good year for fuel cell electric vehicles (FCEV) in passenger car markets. Toyota, with their second generation Mirai FCEV, and Hyundai, with their NEXO FCEV, both had record sales, which largely made up for Honda announcing in June 2021 that it had decided to pull the plug on production of their Honda Clarity FCV (citing the lack of hydrogen infrastructure and weak demand).

Li-ion batteries are beginning to hit their performance ceiling, especially with regards to energy density. However, a shift in the anode materials used, namely to silicon or lithium-metal anodes, could provide a stepwise improvement to energy density. Their promise can be highlighted by looking at the high number of early-stage companies primarily developing anode materials, most being focussed on silicon, compared to other areas of Li-ion development.

Fires in electric vehicles (EVs) certainly gain a lot of media attention in comparison to their internal combustion engine (ICE) counterparts. But a crucial question for the future of mobility is whether EVs are actually any more likely to catch fire than an ICE vehicle. There is always a non-zero risk of Lithium-ion batteries entering thermal runaway but the key points are how likely is a fire, how problematic is an EV fire and what is being done to prevent or limit them in the future?