THE ECONOMIC TIMES - Lux Research estimates that the three main drivers of energy storage – mobility applications, electronic devices, and stationary storage – will reach an annual combined deployment level of 3,046 GWh over the next 15 years, up from the current 164 GWh, with mobility applications making up the lion’s share of the growth.
EE NEWS POWER MANAGEMENT - Battery recycling, electric aviation, flow batteries, thin-film batteries, and solid-state battery improvements are set to drive the energy storage market to over $546bn by 2035.
ETF TRENDS - “The energy storage industry is poised for a massive increase in annual revenue and deployment capacity as key innovative technologies, such as solid-state batteries and flow batteries, reach commercialization,” according to Lux Research.
ALBAWBA - Growth in revenue and deployment for the energy storage market over the next three years will be markedly different from the overall 2035 projections, with plug-in light-duty vehicles remaining the largest market with a predicted $24 billion increase in revenue by the end of 2022.
POWER TECHNOLOGY - Lux Research analyst and report author Chloe Holzinger said: “The energy storage industry is poised for a massive increase in annual revenue and deployment capacity as key innovative technologies, such as solid-state batteries and flow batteries, reach commercialisation.”
PR NEWSWIRE - The report identifies five major technologies that are well-positioned to drive growth in energy storage markets: battery recycling, electric aviation, flow batteries, thin-film batteries, and solid-state battery improvements.
IOT NEWS - “The connected car marketplace – and the opportunities surrounding it – has changed significantly since its hyper consumer- and leisure-focused infancy,” said Josh Kern, Analyst at Lux Research and the report’s lead author.
ORLANDO SENTINEL - “At this time, consumers are holding on to phones longer and trying to pay less for phones,” Schiavo said. “There has been a lot of pushback on increasing prices. It’s going to take time for phones in the mid-range to get this technology and bring costs down.”
BIO BASED PRESS - In various scenarios, Lux tries to figure out what effect energy and plastic waste prices, as well as the purity of the collected waste, will have on the technology mix. ‘The purity and composition of plastic waste streams are the biggest factors for determining the economics of recycling technologies,’ Charles Willard writes in an answer to my questions.
C&EN - Greener alternatives for making nitrogen would be a boon for agriculture around the world but require significant investments in R&D and capital spending. Unfortunately, industry does not yet have a way to recoup those investments—and that has stymied progress, says Runeel Daliah, an analyst at Lux Research.
