Europe needs batteries, primarily for clean mobility and grid stabilisation. But EU lithium-ion cell manufacturing is less than 3% of the global share, and mainly for high-end niche markets, not the automotive sector. If Europe doesnât act fast, catching up with Asia will become impossible, writes Carole Mathieu of the IFRIâs Centre for Energy, reflecting the views of the European Battery Alliance (EBA). Itâs a strategic imperative, given the … [Read more...]
Competitive battery storage: InnoEnergy doubles prize to accelerate start-ups entry to market
Utilities and other investors are putting more funds than ever into a battery storage market worth an estimated $250 billion. Right on cue, European clean energy innovation engine InnoEnergy announced a global call for storage entrepreneurs. Their âŹ100,000 first prize meant applications from a diverse range of start-ups flooded in. But which of these should be fast-tracked into this competitive market? At a special event which highlighted a … [Read more...]
