Having missed out on early-mover advantage and unable to compete with other markets in terms of scale, a UK battery sector will need to focus on high-quality niche applications if it wants a share of the pie
Indecision and political infighting have left the UK’s industrial sector directionless
UNAMBITIOUS POLICY The UK’s ambitions to develop its own battery supply chain have been too small
BUSINESS CASE Focus on alternative technologies may be one option, but risk of being too small in scale to make investment sense
KEY QUOTE ...
Try FORESIGHT - 30 days for €29
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
Episode two of Energy Enablers with Johan Söderbom of EIT InnoEnergy discusses the options for long-term storage being developed and why battery recycling is on the rise
Without a doubt, battery-powered electric vehicles will play a role as a storage medium and supply source for electricity grids in the future. To make it more tangible, we calculated the total potential of vehicle-to-grid (V2G) power for the city of Munich in 2030. The scenario clearly indicates that battery-powered EVs will be important for the stability of future energy systems, says Markus Mildner from Siemens Smart Infrastructure
The ability of consumers to adjust their electricity demand in response to price signals and system operator requirements has a fundamental role to play in the energy transition
In this episode of Energy Enablers, Serge Colle from professional services firm EY discusses how the electric vehicle market is developing and what barriers remain