The major economies of China and the US have identified storage capacity as an industrial priority and are redesigning their markets to incentivise growth. The rest of the world’s economies are trying to compete but will instead need to ride the pair’s coattails to benefit
China and the US are throwing their weight behind storage technologies
NEW MARKET The storage sector only took off two years ago indicating there is a lot of learning and growth to come
AMBIGUOUS OUTLOOK Batteries are not yet economically attractive in much of the world
KEY QUOTE Policy and regulatory reform are only just beginning to make headway even in some of the world’s major jurisdictions ...
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Emissions trading can help the industry go green by putting a price on carbon, a policy that is paying off in Europe in a big way. China is looking to emulate that success in its market. Refinitiv’s Yan Qin explains what the future might hold for it
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Demand for electric vehicle batteries in Europe is accelerating thanks to a mix of new regulations and promising business cases, which has sparked a homegrown industry that aims to take on the world. But the policies will need to be strong enough to fend off the vagaries of geopolitics
Analysts predict massive growth for storage systems that can provide many hours of uninterrupted power, but the sheer diversity of contenders in this field makes it hard for a dominant technology to emerge
A recent announcement to support offshore wind projects off the state of Victoria shows how the local government has grown tired of waiting for federal leadership on the energy transition
President Joe Biden’s plan to increase the level of electric vehicles (EVs) in car-mad United States is laudable, but has underestimated several of the perceived barriers to uptake, undermining its aim already