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5 New Battery Technologies That Will Change The Future

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These 5 ALL-NEW Battery Technologies Might Just Be The Future Of Energy Storage!

Energy storage is the key to unlocking a renewable energy future. Many promising new technologies could revolutionize the way we store and use energy, and it's an exciting time for innovators looking to make a lasting impact. From flow batteries to sodium-ion batteries, there are plenty of new battery technologies to keep an eye on.

But which ones are the most promising? How do these new technologies compare to existing battery systems? And what impact could they have on the future of energy storage and renewable energy adoption? Buckle up.

Since Sony and Asahi Kasei released the first commercial Li-ion battery in 1991, lithium-ion batteries have undergone fast development. Since then, technological advancements and economies of scale made feasible by a constantly expanding market have led to continually improving performance at steadily decreasing prices. According to a recent survey, the price of a Li-ion EV battery pack has reduced by 89% since 2010, going from $1,200 per kilowatt-hour to just $132.

While Li-ion designs have improved dramatically over the years, they still have several fundamental flaws that will reduce their power density and lifespan in the future. Moreover, economic and geopolitical challenges will maintain the cost of the lithium, cobalt, and other minerals required in their manufacture relatively high and generate supply-chain problems in the foreseeable future.

A surprising number of innovative technologies have emerged in response to the expanding need for batteries that solve these problems. It’s not quite possible to explain all of these technologies in a single video. So here are 5 of these battery technologies that could be the future of energy storage.

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Jun 29, 2023 at 11:59 AM
Posted by DC
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