The Many Problems With Batteries
5 hours ago Guest Blogger
By Iddo Wernick
May 30, 2024
As a source of energy information for many global and U.S. policymakers, International Energy Agency (IEA) reports speak with great authority. In its report released in April, Batteries and Secure Energy Transitions, the agency charts out a path for massive growth in battery energy storage consistent with the goal of ‘Net Zero’ by 2050.
Batteries provide an essential lynchpin in plans to reduce global carbon dioxide emissions in the Net Zero vision. The dramatic global expansion of in-battery energy storage over the coming decades is deemed necessary to facilitate the growth of wind and solar power and electrified transportation, all essential elements in the ‘Energy Transition.’
The fact that batteries are critical to the energy system of the future is treated as a given. Data from the past decade showing rising investments and lower costs for batteries are commonly offered as proof of past market success and future market viability. Projections anticipate sharp and sustained increases in global battery energy storage capacity over the next decades. It is an open question whether transforming the global market for battery energy storage by 2050 will influence other parts of the energy system. Nonetheless, in line with the zeitgeist, the authors answer this question with confidence.
https://wattsupwiththat.com/2024/06/02/the-many-problems-with-batteries/
