Tag: Energy storage systems

According to the Department of Energy, the energy density of lithium-ion batteries has steadily increased over the last few decades, powering innovations from smartphones to electric vehicles. While this sounds like an undeniable benefit, is a higher energy density better in all applications? Not always, as this metric presents a complex set of advantages and disadvantages.

According to research by QuantumScape, improved energy density could lead to electric vehicles with significantly longer ranges and lighter consumer electronics. The fundamental question, "what does energy density do?" is central to innovations in batteries and fuels, dictating everything from a smartphone's battery life to an EV's travel distance.

According to the International Energy Agency, the global long-duration energy storage market is projected to reach $17.00 billion by 2034. As demand for renewable energy grows, finding what is best for long-term energy storage is critical for stabilizing the grid and enabling a clean energy future.