Thermal Energy Storage 2024-2034: Technologies, Players, Markets, and Forecasts
25% of global energy pollution comes from industrial heat production. However, emerging thermal energy storage (TES) technologies, using low-cost and abundant materials like molten salt, concrete and refractory brick are being commercialized, offering decarbonized heat for industrial processes. State-level funding and increased natural gas prices in key regions will drive TES market growth in industry. This IDTechEx report provides forecasts, and analyses on TES technologies, players, projects, and government initiatives.
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