Can Advanced Batteries Facilitate Energy Transition?

As the world increasingly aims for emissions-free electrification, advanced battery chemistries gain momentum to integrate performance with sustainability and thereby become a key storage tool to aid the energy transition. In the future, batteries will advance backed by a growing shift for digitalization in battery manufacturing and clean energy requirements. The increasing safety protocols and scarcity of non-renewable energy sources will push the development of alternative battery chemistries. 

GlobalData’s FutureTech series report, ‘Performance Meets Sustainability: Can Advanced Batteries Facilitate Energy Transition?‘, reveals advanced batteries have the potential to serve as a bridge to a clean-energy future. 

The digitalization in battery manufacturing is supported by the integration of machine learning (ML) into the overall battery manufacturing and testing cycle. ML paves the way for better data analytics and interoperability. 

The environmental impact of fossil fuels as well as the approaching scarcity of non-renewable energy sources are driving the demand for renewable energy storage solutions, which pushes the development of novel batteries. 

In EVs and power grids, the importance of failsafe subsystems is paramount. The design of advanced batteries must comply with stringent safety regulations and protocols. 

As the need for lithium chemistry-backed batteries booms with newly evolving EVs, the limited supply of raw materials such as lithium and nickel fail to keep up with the demand. 

GlobalData’s FutureTech Series Reports aim to capture the futuristic technologies which have the potential to disrupt tomorrow. 

Get your hands on a copy here: https://bit.ly/3r6bIwv

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