Energy Storage

IDTechEx forecast that the water electrolyzer market will grow to over US$120B by 2033. There has been renewed interest in the development of clean and green hydrogen industries.

The rapid growth of the electric vehicle market has driven the development, manufacture and sales of batteries, especially lithium-ion batteries, which are dominating the battery industry for a decade.

Membrane materials are of fundamental importance for fuel cells. So significant, in fact, that they typically give their name to the fuel cell, as is the case for Proton Exchange Membrane (PEM) fuel cells, with IDTechEx forecasting the market for ion-exchange membranes in PEM fuel cells to be worth over USD$1.1 billion by 2033.

Given the rapid increase in forecast demand for Li-ion batteries, there has been significant growth in the number of gigafactories being planned and announced over the past 2-3 years. IDTechEx analysis shows that current plans and announcements for new cell production capacity will reach 3 TWh by 2030.

Thursday 9 February 2023 - Shaking Up Urban Transport Worldwide. The following aspects will be discussed in greater depth: Drivers behind uptake of Micro EVs; Electric two-wheelers: major markets, players, and benchmarking; Electric three-wheelers: major markets, players, and benchmarking; Microcar characteristics; and Battery chemistry trends

The maritime sector, which accounts for approximately 2.9% of global carbon emissions, is seeking to meet broader climate goals such as the Paris Agreement and 'Fit for 55' in Europe. Since it is the largest vessels, such as sea-going cargo vessels, which tend to contribute the most to maritime emissions, this presents a huge challenge.

The energy crisis and decarbonization requirements speed up the process of finding alternative solutions, and energy storage plays an important role in applications such as electric vehicle applications and renewable energy.

The EV market continues to develop, not just in sales but in technology. A critical technology aspect for EVs is the thermal management of the various components to keep everything operating at the optimal temperature.

The materials industry is sometimes described as conservative, but digital transformation is well underway in the sector. Materials informatics - the application of data-centric approaches, including machine learning, to materials R&D - has the potential to be the most impactful arm of this process.

The Carbon Capture, Utilization, and Storage (CCUS) Market: Will It Finally Take-off? Recognized as one of the key technologies essential to achieving net-zero emissions targets, the momentum behind carbon capture, utilization, and storage (CCUS) deployment is building up. This webinar highlights the findings of the new IDTechEx report, "Carbon Capture, Utilization, and Storage (CCUS) Markets 2023-2043", a comprehensive market report on the CCUS industry.