reports and analysis

EASE welcomed the policy developments, but noted that much more remains to be done to craft the right energy storage market conditions for the EU. Image: Manz AG.

India needs end-of-life collection and recycling for battery manufacturing to succeed, RMI India says

March 29, 2022
India will not be able to meet its aim of becoming a global leader in battery manufacturing unless it establishes a value chain that embraces recycling.
Domestic and international battery manufacturers have been supported by the European Commission's European Battery Alliance to date, but the latest announcements aim to provide a framework to boost industrial competitiveness and accelerate the EU's energy transition. Pictured is a lithium battery cell produced in Sweden by Northvolt, a European startup supported by the Alliance. Image: Northvolt.

Mercom: Battery storage firms raised US$17bn corporate funding in 2021

January 31, 2022
Battery storage companies raised 159% more corporate funding in 2021 than in 2020, with funding activity reflecting the “significance of battery energy storage in the energy transition,” analysis group Mercom Capital has said. 
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1GW of energy storage could save Ontario’s billpayers CA$4 billion by 2030, study finds

July 24, 2020
Between CA$1.5 billion (US$1.12 billion) and $4 billion in electricity system cost savings could be achieved by Ontario’s Independent Electricity System Operator (IESO) by installing 1,000MW of energy storage by 2030, according to a new study commissioned by Energy Storage Canada.
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Energy storage in Europe: Big things expected despite 2019 slowdown

March 24, 2020
With many climate protection advocates as well as the industry itself calling on Europe’s lawmakers to recognise the importance of energy storage, a “significant slowdown” in 2019 is expected to be countered with a more positive outlook going forwards.

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