Energy Storage

Creating a circular economy is an essential sustainability target for governments, brands, materials suppliers, and the public. Key to pushing these sustainability efforts, which range from sustainability roadmaps developed by chemical and material companies to sustainable material usage targets adopted by brands, is the danger that growing global plastic consumption poses to the environment.

The announcement claimed by Toyota that it had a "technological breakthrough" to resolve durability issues and "a solution for materials" for a solid-state battery (SSB) powering EVs in July 2023 has triggered another wave of interest in SSBs, in addition to the continuous efforts from companies such as BMW, CATL, Ford, General Motors, Honda, Hyundai, LG, Mercedes-Benz, Nissan, Panasonic, Samsung, Volkswagen, etc.

Redox flow battery (RFB) installations are expected to increase over the next decade as demand for stationary energy storage technologies is expected to increase. This is due to potential Li-ion material supply shortages coming toward the end of the decade and increasing variable renewable energy (VRE) sources penetrating electricity grids, creating greater variability and uncertainty in energy supply.

Wednesday 22 November 2023 - The current Li-ion battery landscape and recent developments in recycling and end-of-life management; Alternative battery technologies, such as solid-state (SSB), sodium-ion (Na-ion), and redox flow batteries (RFBs), amongst others; Hydrogen's evolving role as a feedstock, fuel and energy carrier and its latest technological and market developments

The automotive sector is rapidly electrifying, with electric car sales totaling over 5.8 million units in the first half of 2023 across China, Europe, and the US. While automotive electrification is at the forefront of the public eye, other vehicle sectors also present huge opportunities, with IDTechEx predicting the global market of electric vehicles for land, sea, and air to be worth over US$1 trillion in 2044 (excl. automotive).

Wednesday 15 November 2023 - Electric vehicles: Battery strategies; Battery thermal interface materials; Direct oil cooling electric motors; Power electronics and adoption of wide bandgap semiconductors; Fire protection materials. Data centers: Increasing design power; Liquid cooling thermal management strategies; Industrial collaborations and opportunities for players

In the ever-evolving energy storage landscape, the advent of solid-state batteries (SSBs) is leading to a new era of possibilities. As the demand for higher performance and safer energy storage solutions grows, SSBs have emerged as a frontrunner in the race for next-generation battery technology.

A new high-power charging solution is required to meet the market need of the truck and bus industry to charge electric heavy-duty vehicles in an acceptable amount of time. As a result, the Megawatt Charging System (MCS), a charging system for large battery electric vehicles, is now being developed.

Tuesday 7 November 2023 - Electrification in Cars and Beyond: What's Happened and What to Expect - The automotive market - key technology trends and technology companies becoming involved in electric cars; Electric and fuel cell trucks; Air taxis (eVTOL); An overview of electrification across vans, trucks, buses, 2-wheelers, 3-wheelers, microcars, construction vehicles, trains, boats, and ships

IDTechEx forecast the Li-ion battery market for electric vehicles to reach US$380 billion by 2034. With this huge increase in value, the safe and reliable operation of these (sometimes combustible) assets while maximizing the performance extracted from them becomes critical. The battery management system (BMS) plays a central role in the safe and reliable operation of Li-ion batteries but is somewhat overlooked with regard to its potential for also moving battery performance forward.