Search results for: 'Techno-economic Analysis and Application Mapping of Emerging Battery Technology'

Renewable energy sources have a major impact on the stability the power grid due to their randomness and intermittence in energy generating process. The widespread adoption of renewable energy and electric vehicles (EVs) requires the energy storage systems with enhanced energy and power densities, optimized efficiency, reduced cost, and possibility...

26 Jun 2023  |  Global  |  Technology Research

Emerging Technology Innovations in Sodium-ion Batteries

A Lower Levelized Cost of Storage and Enhanced Safety Characteristics Drive Sodium-ion Batteries Toward Successful Commercialization

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The world requires more energy storage solutions for a vast range of applications—electric mobility, on-grid and off-grid stationary energy storage, consumer electronics, and data centers, among others. Lithium-ion batteries, currently the most widespread energy storage technology, face many issues that novel energy storage technologies must overco...

Rapid advancements in battery technology are imperative to develop the next generation of electric vehicles (EVs). Currently, the nickel-manganese-cobalt (NMC) and lithium-iron-phosphate (LFP) variants of lithium-ion (Li-ion) batteries lead the market for EV battery packs, with LFP batteries witnessing increased penetration over the past few years....

With the growing demand for electric vehicles (EVs) and renewable energy storage systems, the need for high-performance batteries is increasing. The shift toward improved battery technologies with higher energy density, longer lifespan, and increased safety is pushing technical advancements in next-generation (next-gen) battery material technologie...

The International Energy Agency (IEA) estimates that emissions from the energy sector alone reached 37 gigatonnes (Gt) of carbon dioxide (CO2) in 2022, hitting a new milestone. Mitigating greenhouse gases (GHGs) and achieving long-term net-zero energy targets are focal points for several developed and developing countries. However, the defossilizat...

The battery recycling industry is an upcoming growth opportunity as it is undergoing rapid transformation driven by constant innovations that unlock significant economic value for recycled batteries. Novel processes have emerged to address challenges such as the extraction of critical materials, reducing environmental impact, and enhancing recyclin...

Simultaneous localization and mapping (SLAM) technology in imaging applications is relying on sensor technologies and software algorithms. SLAM allows autonomous systems such as self-driving cars, robots, and drones to simultaneously build a map of their surroundings, navigate, operate effectively, and estimate their position on that map. It levera...

The Economic Trend Opportunity Profiles (TOPs) series captures a structural shift in the global economy where national competitiveness is increasingly defined by control over AI capabilities, digital infrastructure, industrial capacity, and secure data ecosystems. Across AI-led productivity, smart manufacturing, digital risk, sovereign compute infr...

24 Aug 2023  |  Global  |  Market Research

Lithium-sulfur Batteries: Technological Advancements, Emerging Applications, and Growth Opportunities

Higher Energy Density and Potential for Cost-Effectiveness Provide Lithium-sulfur Batteries with Market Disruption Potential

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Lithium-ion batteries (LIBs) lead the global energy storage and electrification revolution; however, commercial participants involved in these batteries' large-scale manufacturing face certain limitations and risks. LIBs' energy density has plateaued over the past few years, and, today, the world requires an energy storage solution that delivers hi...