|Author (Person)||Mathieu, Carole|
|Publisher||French Institute of International Relations (IFRI)|
|Series Title||IFRI Reports: Etudes de l'Ifri|
|Publication Date||July 2017|
|Content Type||Research Paper|
The future looks bright for battery storage technologies. They could be the answer to the grid constraints that come with the rise of intermittent renewable electricity, while opening the door to the electrification of the transport sector and a reduction of its carbon footprint.
Significant improvements in terms of performance and manufacturing costs have been achieved in recent years, thanks to the development of portable electronic devices and the push for lithium-ion solutions.
The prospect of widening the client base to the automobile and energy industries is now triggering a massive wave of investment in battery manufacturing capacities. Economies of scale and increasing pressure on margins should make battery technologies even more affordable, and facilitate their adoption beyond public support schemes.
|Countries / Regions||Europe|