Huge Profits Forecast For The Lithium-Ion Battery – Energy Storage World Forum

The lithium-ion battery currently stand as the best alternative to its lead-acid counterpart in terms of energy density and weight.

Companies like Panasonic and Hitachi are already investing heavily in lithium-ion storage technology. Chinese firms too are on the path to becoming major providers of lithium-ion products.

The only major problem with lithium-ion batteries is cost, which is approximately four times that of lead-acid batteries.

Despite this major barrier, the lithium-ion battery market is expected to expand from $10 million in 2013 to $235 million in 2018 and even on to $370 million in 2020.

Source and Read More

If you want to know more about this and other topics directly from end users of energy storage technologies join us at one of these annual events: The Energy Storage World Forum (Grid Scale Applications), or The Residential Energy Storage Forum, or one of our Training Courses.

lead-acid battery, Lithium-ion battery, solar energy storage

Dufresne (doo - frayn) Research specialises in creating high quality market driven conferences and training. The company focuses on stationary Energy Storage across all applications from Residential, Self - Consumption and Microgrid through to large scale stationary storage. We are Europe's first conference dedicated solely to energy storage since 2010. All of our Forum's culminate with the unique Building the Action Plan feature. Join us for this session and take back an action list to the workplace.

LATEST ARTICLES

Read More

The UK National Energy Grid – A Story of Islands, Trading, and Energy Storage

As first seen in Energy Global, grid software acts as a modern-day map, helping to chart and navigate today’s energy grids; software engineers are tasked with carefully delineating how each region’s energy markets operate. However, looking more closely at energy markets makes clear how unique each market is – each defined by different topography, resources,…

Annual Installed Capacity Significantly Increases

While the global market was under the haze of the epidemic and many countries were still in lockdown, the energy storage market showed extremely strong resilience and began to recover and grow since Q3 and Q4 of 2020. According to the BloombergNEF report, the global energy storage market in 2020 has developed faster than expected,…

Future energy predictions: Growth of flexibility and grid forming

It is well known that COVID-19 has caused low energy demand and the growth of renewable energy across Europe. Now, Andrew Tang, Vice President for Energy Storage at Wärtsilä, predicts this will result in swift action to build better grid resiliency. The share of renewable power across Europe has skyrocketed over the last six…

© Copyright Dufresne Private Ltd - Singapore, All Right Reserved

About Us | Privacy Policy | Accommodation | Call For Paper | Contact Us

★REVIEWS

[gdlr_testimonial columns="1" type="static" style="box-style"]
[gdlr_tab title="Sales Director" position="S&C"]“Probably the most interactive and well organized storage event on the calendar.”
★★★★★[/gdlr_tab]

[gdlr_tab title="TLC & SCADA Manager" position="FRI-EL"]“Great topics, competent speakers, good networking: keep it like that.”
★★★★★[/gdlr_tab]

[gdlr_tab title="Expert Technical & Governance" position="Elia"]“High scientific content, well targeted, perfect organization.”
★★★★★[/gdlr_tab]

[gdlr_tab title="Manager" position="ATL"]Excellent networking event. The sponsorship was well worth it.”
★★★★★[/gdlr_tab]
[/gdlr_testimonial]

View More

x