MyForrester

The North America Battery Energy System Market in 2022 is expected to grow at a significant CAGR. This growth is anticipated to be attributed to the high adoption rate of battery energy storage systems in commercial and industrial sectors, and the presence of large players. The market in this region is estimated to hold the […]

Europe is already producing large quantities of electric vehicles and could have a greater share of the global market by 2030. Currently, Europe has only 7% of the world’s battery production capacity. The changes in the manufacturing process are expected to reduce cost and increase production efficiency. In addition, several EV manufacturing plants are planning […]

Solid state batteries have been hailed as one of the most promising future battery technologies. This revolutionary technology allows for increased density and life, and reduces self-discharge. This type of battery is also expected to be safer and more cost-effective than its liquid counterpart. This technology may be the answer to future electric vehicles. However, […]

According to S&P Global Market Intelligence, wind and solar power deployments will reach record levels in 2022. The U.S. is on track to install more than a thousand gigawatts of utility-scale wind and solar power in the next five years. This will nearly double the capacity installed in 2021 and will more than double the […]

According to Global Trends in Energy Storage in 2022, the total amount of storage capacity will double by 2022 to reach 56 GWh. This will be an increase of 17.7 fold by 2030. In 2022, renewable energy will provide 50% of the world’s electricity, and wind and solar will provide 20%. The market for energy […]

The advancement of new battery technologies is critical to the transition to a clean energy future. With improved energy density, batteries can be used for more applications. One such startup, LeydenJar Technologies, is developing a new method for lithium-ion batteries that increases the battery’s life expectancy by replacing the graphite material with pure silicon. This […]

ASSBs will be the next big thing in battery technology, with their improved performance and safety. They won’t use lithium, which can cause thermal runaway, and instead will use sodium, which is found on Earth. This type of battery will be seven times more efficient than lithium-ion batteries. ASSBs may not be ready for the […]

Solar and battery storage are a promising way to meet the increasing demand for electricity. Both companies are working on innovative ways to provide power storage, and the future looks bright for the industry. The New York Public Power Authority, or NYPA, operates sixteen generating facilities and over 1,400 miles of transmission lines with a […]