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Faraday Institution to award up to £55M to five consortia for energy storage research

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The new projects in four focus areas join the existing Faraday Institution research projects that collectively aim to deliver the organisation’s mission to accelerate breakthroughs in energy storage technologies to benefit the UK in the global race to electrification. Next generation sodium ion batteries–NEXGENNA.

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

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According to the report, global VC funding (venture capital, private equity, and corporate venture capital) for Battery Storage, Smart Grid, and Efficiency companies in 2019 was 18% lower with $2.3 billion raised in 2018. billion in 2018. Battery Storage. billion in 2018. billion in 33 deals in 2018.

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Pike Research Forecasts Li-ion Batteries Will Become a $1.1B Segment of the Stationary Energy Storage Industry by 2018

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Of the eleven competing energy storage technologies analyzed in a recent report from Pike Research, the cleantech industry analyst firm forecasts that Li-ion batteries will be the fastest growing category for the Stationary Utility Energy Storage (SUES) sector, growing to a $1.1 billion worldwide business by 2018.

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Study suggests lithium and cobalt for batteries may face supply risks by 2050

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The researchers present these results in the journal Nature Reviews Materials as part of a cost and resource analysis of sodium-ion batteries. … However, at present, the use of cobalt is still often necessary for cathode materials with high energy density owing to its stabilizing effect in layered oxides (including NCM(622) and NCA).

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ASU team develops new solution for mitigating Li dendrite growth by tackling plating-induced residual stress

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Lithium-metal batteries are among the most promising candidates for high-density energy storage technology, but uncontrolled lithium dendrite growth, which results in poor recharging capability and safety hazards, currently is hindering their commercial potential. —Hanqing Jiang. Source: Wang et al. Click to enlarge.

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MIT-led team devises new approach to designing solid ion conductors; implications for high-energy solid-state batteries

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The new approach, described in a paper in the RSC journal Energy and Environmental Science , could accelerate the development of high-energy solid-state lithium batteries, and possibly other energy storage and delivery devices such as fuel cells. The orange and green spheres are ions of lithium. —Muy et al.

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Research predicts huge growth for lithium-ion batteries

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According to its forecast, of the 11 competing energy storage technologies it analysed, lithium-ion batteries will be the fastest growing category for the Stationary Utility Energy Storage sector with growth predicted to reach $1.1billion worldwide by 2018. It also provides detailed market forecasts.