In the United States, the demand for Li-ion battery storage is expected to surge in the next decade. This increase is driven by the need to support the growing integration of renewable energy sources and to provide homeowners with greater energy autonomy in the face of rising electricity costs. Various governments and states are introducing incentives, schemes, and targets to boost the adoption of battery energy storage systems (BESS). Market players are aggressively expanding their project portfolios and global footprint while striving to enhance Li-ion battery technology to deliver better performance in a fiercely competitive market.
A recent webinar, hosted by Conrad Nichols, a Senior Technology Analyst, delves into the rapidly evolving global Li-ion BESS market. The webinar offers valuable insights into battery storage technologies, innovations in Li-ion BESS, regional developments, and commercial activities. Drawing from IDTechEx’s upcoming report, “Batteries for Stationary Energy Storage 2025-2035: Markets, Forecasts, Players, and Technologies,” this session covers the following key points:
– The diverse applications of BESS in grid-scale and residential battery storage sectors.
– An in-depth examination of the global Li-ion battery storage market growth, regional trends, market dynamics, and emerging patterns.
– A comparative analysis of various battery storage technologies such as Li-ion, Na-ion, RFB, and metal-air, with a focus on the present and future positioning of Li-ion in the energy storage landscape.
– Insights into observed trends including cell chemistry, energy density, safety features, and thermal management in Li-ion battery storage systems.
– IDTechEx’s projections and final thoughts on the outlook of the global Li-ion BESS market.