Tuesday, January 16, 2018
Batteries and energy storage.
With the rise of renewable energies and electric vehicles, a major transition is underway in global energy markets. The key to facilitating growth in both areas is the falling cost of lithium-ion (Li-ion) batteries. Cheaper batteries have helped to reduce the cost of electric vehicles and are making large-scale energy storage on the power grid -- which is a necessity if renewables are to continue growing -- a reality.