Energy Storage

Demand for Li-ion batteries continues to grow in sectors such as electric vehicles, stationary energy storage, and consumer electronics. From its market report, "Li-ion Battery Recycling Market 2023-2043", IDTechEx estimates that in 2023, total demand for Li-ion batteries was 750+ GWh across these sectors, which will increase to almost 10 TWh in 2043.

An overview of thermochemical energy storage mechanisms, system designs, materials, and developed prototypes.

Tuesday 30 January 2024 - An overview of the megatrends changing the automotive industry; Explanation of what hardware/services are associated with each trend; CAGR growth rates for each of these technologies; Hardware vs services, where the biggest opportunity is

Currents was founded in 2021 and is a B2B marketplace for end-of-life electric vehicle (EV) batteries intentionally designed for second-life energy storage solutions. The company is headquartered in Oregon, US.

Electric motors are a core component of electrification in the automotive market. The market has heavily relied on rare earths for the permanent magnets used in these motors, but, as many will be aware, there is a drive to eliminate these rare earths due to their price volatility and environmental impact. Alternative motor technologies can often present a new and increased demand for copper.

The development of the hydrogen economy and its associated technologies presents many opportunities for chemical companies. This premium article presents some key opportunities that IDTechEx identified from existing research.

The automotive market is a huge industry, and its evolution has spawned several giant corporations with many sub-brands, many of which are household names. However, the automotive industry is arguably undergoing the greatest technological shifts it has ever seen. Electrification, autonomous driving, and a shift to software-defined vehicles.

Analysis and discussion on revenue generation from LDES technologies, challenges faced, and potential solutions to improve the economic case of these systems.

Thursday 25 January 2024 - Materials for sodium-ion cell design; Sodium-ion battery value proposition; Opportunities and challenges in the sodium-ion battery market; Sodium-ion battery players and commercialisation efforts; IDTechEx outlook for sodium-ion batteries by 2030

Autonomous driving, electric vehicles, connected and software-defined vehicles, and in-cabin monitoring are all megatrends reshaping the automotive industry. Together, these technologies combine to form a US$1.6 trillion opportunity by 2034, nearly a 10-fold increase compared to 2023.

IDTechEx have launched a new monthly podcast, 'Tomorrow's Tech by IDTechEx', bringing you up to date technology trends. In each episode our host will interview an industry expert from IDTechEx, offering insights into a range of emerging technologies.

Kitepower has recently released its airborne wind energy (AWE) generator, which offers an emissions free off-grid electricity generator combined with a battery. This has several promising uses, including off-grid electric vehicle (EV) charging. IDTechEx spoke to CEO Johannes Peschel to find out more and gain insight into their technologies.

Forecasts taken from IDTechEx report "Long Duration Energy Storage Market 2024-2044: Technologies, Players, Forecasts"

Green hydrogen is increasingly recognized as a clean industrial feedstock and the future's energy carrier. Central to green hydrogen production is the water electrolyzer. Historically, the alkaline water electrolyzer (AWE) has dominated the market due to its maturity and development

IDTechEx attended the Advanced Automotive Battery Conference (AABC) from 11th to 14th December in San Diego, USA. This premium article covers the major highlights from some of the top OEMs and Tier 1 suppliers regarding their battery strategies.

Stratus Materials are an early-stage US company developing a next generation manganese-rich Li-ion cathode material, termed LXMO.

Data analysis and discussion on LDES technologies, commercialization, deployments, funding, and duration of storage of upcoming projects.

Decarbonization efforts have gained momentum globally in recent years. Renewable energy, electrification, and battery storage are primary solutions. However, some sectors remain difficult to decarbonize using such methods, including heavy industry, heating, and certain transport sectors, such as aviation and shipping.

Sodium-ion (Na-ion) batteries are being developed due to their potential costs, safety, sustainability, and performance characteristics over traditional lithium-ion batteries. These batteries can be made with widely available and inexpensive materials, with sodium being significantly more abundant than lithium.