Energy Storage

Copper is a key mineral for the automotive industry, used ubiquitously across the wiring harnesses market. Its demand is set to grow due to electric vehicle and autonomous vehicle megatrends. IDTechEx's brand new report "Copper Demand for Cars 2024-2034: Trends, Utilization, Forecasts" finds the automotive copper demand will reach 5MT (1MT = 1 billion kilograms) of annual demand in 2034.

Lithium-ion (Li-ion) batteries are used ubiquitously in daily life, and the demand for Li-ion batteries has continued to increase over the last decade, including in consumer electronics and portable devices, electric vehicles (EVs), and stationary energy storage systems.

Tuesday 12 December 2023 - Material Innovations in Electrolyzers for Green Hydrogen Production - Introduction to the hydrogen economy and water electrolyzer technologies; Overview of incumbent electrolyzer materials and components; Key innovations needed in electrolyzer materials and components; Electrolyzer component market outlook

On the 28th November 2023, a plane flew from London to New York. For the first time in history, this transatlantic flight was 100% powered by sustainable alternative fuels. This rounds off a promising year for sustainable fuels in aviation. Earlier in 2023, ReFuelEU Aviation Regulation was adopted by the European Union, mandating a 70% sustainable aviation fuel blending obligation by 2050.

The battery deservedly takes the major focus when it comes to technology development in EVs. But an EV's powertrain has to act holistically to operate with optimal performance and interact with the passenger cabin's conditioning system. This means that the thermal management of the motors, power electronics, and how this all interacts is just as important as the battery.

Historically, the aerogel market has experienced slow and steady growth. With the newly found demand for thermal insulation and fire protection in electric vehicle (EV) batteries, aerogel manufacturers are making big plans and investments in order to scale up in preparation to serve this new market.

In an era marked by a global shift towards sustainable energy solutions, the hydrogen industry is at the forefront of this transformative wave. Green hydrogen, produced through water electrolysis-powered renewable energy, stands out as a key solution for decarbonizing sectors where direct electrification remains a challenge.

2023 has proven another momentous year for the electric vehicle (EV) market. 2022 saw electric car sales rise by 62% compared with 2021, and IDTechEx estimates that 2023 will see global sales rise by another 16%. But what can we expect for the future of EVs? In this article, Dr James Edmondson and Shazan Siddiqi from IDTechEx discuss what can be learned about the future of electrification, not only for vehicles on land, but also for marine sectors and aerial vehicles.

Carbon nanotubes (CNTs) are gaining significant traction as a conductive additive at the cathode of lithium-ion batteries (LiB), a market driven in turn by the electrification of vehicles. This success has seen an explosion in the global production capacity of CNTs, with players racing to establish themselves as a leading supplier to the energy sector. However, the potential application areas for CNTs extend far beyond batteries. In this article, IDTechEx assesses the effects of increasing capacity and how this surge in supply will open opportunities for CNTs beyond the LiB market.

The electrification of cars has undeniably been at the forefront of the transition towards electric vehicles (EVs) and the growth in demand for Li-ion batteries, but the electric revolution extends far beyond passenger cars. Huge opportunities exist in other transport applications, which play a vital role in ongoing decarbonization efforts.