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NJEVA Recommends - IDTechEx: Growth and Challenges for Batteries, Energy Storage and Hydrogen
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Event Contact(s)
Stanislav Jaracz
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About this event
The importance of battery and energy storage has become increasingly clear over the past 5 years. The electric vehicle industry has continued its growth trajectory despite considerable headwinds from Covid-19, semiconductor shortages, and increases in battery raw material prices. As such, investment into the Li-ion industry continues at a rapid pace. Improvements to performance are still highly sought after through the development of silicon anodes, anode-free cell designs, solid-state batteries, and cell-to-pack architectures. Li-ion battery price has also become an increasingly important consideration with battery and vehicle manufacturers looking to bring down costs. For example, battery manufacturers are looking to employ lower-cost LFP and manganese-rich cathodes to replace the more costly high-nickel NMC and NCA.<br /><br />Reductions in energy storage costs are also important for the stationary sector, which IDTechEx forecast to be the fastest-growing application for Li-ion batteries. The stationary energy storage sector will also be better suited to utilising alternative storage technologies, such as Na-ion, redox flow batteries, or non-electrochemical options, such as compressed and liquified air storage. These technologies promise lower capital and levelized costs, easier scalability, and longer lifetimes. In addition, they offer a route away from using materials such as lithium, cobalt and nickel, which look set to be in short supply over the coming 5-10 years.<br /><br />IDTechEx research covers a variety of energy storage technologies, applications and markets. This webinar will introduce some of IDTechEx's research into the following areas:<br />- The Li-ion market<br />- Advanced battery technologies<br />- Solid-state batteries<br />- Stationary energy storage<br />- Green and blue hydrogen