Energy Storage

With ~90% of industrial heating processes using fossil fuels, this has led to approximately 25% of global energy pollution coming from heat produced for industrial processes. As such, demand for technologies to decarbonize industrial heating is expected to increase. One such technology that is able to store and supply heat to industrial processes is thermal energy storage (TES). TES for industrial applications currently only forms a minor percentage of global TES capacity, given that TES systems have been widely deployed in applications such as pairing with concentrated solar power (CSP) plants, district heating, cold chain, and space heating for buildings.

Wednesday 17 April 2024 - An overview of key mining vehicles; Advantages and barriers to electrification; Overview and developments of the electric haul truck market; Analysis of electric haul truck costs and potential savings; IDTechEx's outlook and conclusions

IDTechEx Research announces the availability of a new global market report, "Advanced Li-ion Battery Technologies 2024-2034: Technologies, Players, Forecasts".

IDTechEx announces the availability of a new report, "Thermal Energy Storage 2024-2034: Technologies, Players, Markets, and Forecasts". This report provides market overviews and data analysis for the industrial TES market, including value chain, strategic partnerships, funding, material suppliers, business models, key player activity, planned projects, and manufacturing developments.

Electric vehicles (EVs) are a primary method to reach a net zero transportation sector, but in addition to CO2 emissions, overall sustainability is becoming an increased focus point. However, sustainability is a very complex topic that does not tend to deal with absolutes as many factors are involved.

The mining industry has always been perceived as a high-emitting and resource-heavy industry - one that contributes 2-3% of all global CO2 emissions. However, within the last few years, the industry has followed the path of other vehicle sectors and embraced electrification. The use of EVs in global mining is on the rise and could be set to change attitudes towards the industry at large.

Thursday 28 March 2024 - Technology & Market Developments for Electrolyzers in Green Hydrogen Production - Introduction to the hydrogen economy and green hydrogen production; Overview of the incumbent electrolyzer technologies; Current state of electrolyzer manufacturing and market; Key innovations needed in electrolyzer technology & overview of novel technologies; Electrolyzer market growth drivers and market outlook

Bipolar plates are crucial components in proton exchange fuel cells, representing a substantial portion of the value of the fuel cell stack. IDTechEx predicts that their market value will surpass US$2.5 billion by 2034. The choice between metal and graphite materials for bipolar plates is a significant consideration, with each option having distinct advantages depending on the specific application.

As the volume of variable renewable energy (VRE) sources penetrating electricity grids increases globally, so does the need to manage the increasing uncertainty and variability in electricity supply. Long duration energy storage (LDES) technologies will be needed in key regions from the 2030s to support electricity grids with greater penetrations of VRE.

IDTechEx have released a brand new episode of the 'Tomorrow's Tech by IDTechEx' podcast, 'EV Charging 101: How Can We Take the Guesswork Out of Driving Electric?'. Host Dr Tess Skyrme and industry expert Shazan Siddiqi will be discussing the up-and-coming trends in the EV Charging landscape.