Energy Storage

This premium article discusses the US electric truck market in 2024.

IDTechEx attended the Hydrogen Technology Expo Europe 2024 in Hamburg, Germany on October 23-24, 2024. This premium article discusses some of the insights focusing on hydrogen storage and distribution. Electrolyzer and fuel cell materials, hydrogen fuel uses, and sustainable fuels will be covered in an upcoming premium article.

Innovation map of AI-driven battery technology benchmarking and discussion of supply-chain disruption.

Innovation map of key eLCV manufacturers in global markets.

US-based Sage Geosystems is developing a geopressured geothermal solution for energy storage and enhanced geothermal energy harvesting.

Orion Polymer is an ion exchange membrane (IEM) material manufacturer based in Saratoga Springs, New York. Orion Polymer specializes in the design of hydrocarbon ion exchange membranes for hydrogen fuel cells and electrolyzer technologies. IDTechEx spoke with Chulsung Bae (CEO/Founder), Cathryn Olsen (COO), and Greg Kline (CTO).

Due to the need for higher energy density and faster charging battery technologies, the battery electric car market will be the primary driver behind silicon anode material adoption. Numerous companies, from start-ups to established materials companies and industrials are expanding their capabilities to meet the growing demand for silicon anode material. IDTechEx estimates that silicon anode material production capacity is due to expand 6.5x from 2024 to 2030.

IDTechEx predicts the stationary fuel cell market is expected to grow with a CAGR of 16.7% between now and 2035, with targets in place in countries worldwide to help achieve maximum growth and deployment of fuel cell technology. Despite the hype of low carbon benefits attached to fuel cells, this is only applicable when green hydrogen is used, with other gases producing carbon as a by-product of their sourcing, or reaction process within the fuel cell.

Innovation map covering upcoming regulations to force OEMs to sell more EVs in Europe or pay fines.

Tuesday 17 December 2024 - Introduction into the Li-ion market and silicon anode technology; Discussion of key silicon anode technologies and developments; Overview of the silicon anode market; Key conclusions and takeaways

IDTechEx projects that the annual water electrolyzer market will exceed US$70 billion by 2034. However, access to more low-cost renewable electricity and stronger policy support for green hydrogen is needed to make it more competitive in various applications.

IDTechEx predicts that the annual demand for stationary fuel cells in the commercial market will surpass 1.9GW by 2035, with the main applications being in residential, industrial, utilities, commercial, and data sectors. Currently, over 80% of power worldwide is still obtained from fossil fuels, meaning there is lots of opportunity for growth and expansion of sustainable energy sourcing, with large demand and potential for fuel cells.

GE Vernova is an independent company, spun off from General Electric (GE) in 2024. The company was formed by combining GE's former Power, Renewable Energy, and Digital businesses. IDTechEx attended the company's presentation at the Hydrogen Technology Expo Europe. This company profile focuses on GE Vernova's activities in the hydrogen sector, primarily gas turbine technologies and projects.

Technologies used in, and applications of, UPS systems, including batteries and diesel generators. Deployments of UPS systems for data centers and motivation for given technologies. Cost benefit analysis of battery storage for data center UPS.

Elven Technologies provides proprietary fire protection materials with very high flame and temperature resistance. The early target market was in firefighter suits, but Elven is now looking to become involved in other markets including electric vehicle (EV) battery packs and battery transport containers.

This premium article discusses electric vehicle (EV) battery energy density trends in 2024.

As a reliable and well-performing technology for battery energy storage systems (BESS), its demand in the global ES market has continued to grow at an impressive pace. This is expected to continue, and as found in their new market report, "Batteries for Stationary Energy Storage 2025-2035", IDTechEx estimates that the global Li-ion BESS market will be valued at US$109B in 2035.

Thursday 12 December 2024 - Machine Learning Methods for Battery Development, Manufacturing and Management; An introduction to challenges in the battery industry; An overview of machine learning and how it can be applied for batteries; Use-case analysis for five different market sectors Business model analysis for the overall market; Qualitative conclusions on how and where machine learning will see use over the next few years

This premium article explores the Chinese electric truck market in 2024.

IDTechEx attended the Hydrogen Technology Expo Europe 2024 in Hamburg, Germany on October 23-24, 2024. This premium article presents the key narratives on the "Strategic Forum" and "Hydrogen Production" tracks of the conference. Remaining hydrogen conference tracks will be covered in future articles.