New Energy Storage Battery Leader

Is battery energy storage a new phenomenon?

Against the backdrop of swift and significant cost reductions, the use of battery energy storage in power systems is increasing. Not that energy storage is a new phenomenon: pumped hydro-storage has seen widespread deployment for decades. There is, however, no doubt we are entering a new phase full of potential and opportunities.

How can we drive the future of Battery Energy Storage Tech?

The UK’s dedicated researchers advancing tech, America’s encouraging financial incentives, and China’s sheer battery capacity are all positive steps in the field that others can use as good examples for how we can drive the future of battery energy storage tech forward.

What is solid-state EV battery technology?

CleanTechnica has spilled plenty of ink on solid-state EV battery technology, which represents the next step up from conventional lithium-ion batteries for mobile energy storage (see more solid-state stories here). Today’s lithium-ion batteries have done a good job of launching electric vehicles into commercial production.

Should energy storage systems be mainstreamed in the developing world?

Making energy storage systems mainstream in the developing world will be a game changer. Deploying battery energy storage systems will provide more comprehensive access to electricity while enabling much greater use of renewable energy, ultimately helping the world meet its Net Zero decarbonization targets.

How can India boost battery energy storage capacity?

India’s government, for example, recently launched a scheme that will provide a total of Rs37.6 billion ($455.2m) in incentives to companies that set up battery energy storage systems. The country looks to have 500GW of renewable energy online by the year 2030, and boosting battery energy storage capacity is key to reaching this goal.

How can governments push the field of battery energy storage forward?

One solution that many governments are exploring is financial incentives for those looking to push the field of battery energy storage forward, either in the form of cash grants, research funding, or tax breaks.