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Battery storage: the next oil – and gas? [GasTransitions]
Apr 14, 2021 7:15:am
Summary
The race for battery storage capacity is on. In countries like Australia and the US, an increasing number of ever-larger battery grid storage projects are being announced. [Gas Transitions Volume 2, Issue 3]
by: Karel Beckman
The race for battery storage capacity is on. In countries like Australia and the US, an increasing number of ever-larger battery grid storage projects are being announced. They are likely to increasingly replace gas-fired back-up power plants. At the same time, China, the US and Europe are in a race to build battery gigafactories to supply the growing EV market. According to Simon Moores of Benchmark Mineral Intelligence, we are on the verge of a “global lithium-ion economy”. ....

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