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Energy storage: the key to a decarbonised future

Setec Powerr

We are transitioning from fossil fuels to renewable energy sources such as wind and solar, and the use of energy storage is becoming more widespread. And with the popularity of electric vehicles, the grid is under more and more pressure, so the demand for energy storage is growing. Battery storage.

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Mercom: battery, smart grid, energy efficiency companies raised $2.3B in VC funding in 2019; 18% lower than 2018

Green Car Congress

Other categories that received funding included Gravity storage, Flow batteries, CAES, Energy storage downstream, Fuel cells, Liquid metal batteries, Thermal energy storage, Solid-state batteries, Sodium-based batteries, and Zinc-air batteries.

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