Long-duration energy storage market to reach $223 billion in 20 years
Alternatives to lithium-ion batteries are likely to emerge, according to a report on IDTechEx. February 5, 2024 Variable renewable energy (VRE) generation sources like solar and wind are expected to increasingly move toward being the dominant source of electricity globally by midcentury. With the variability of intermittent cycles of electricity generation provided by these sources, …
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