Zinc-based technologies are emerging as a viable energy storage alternative to overcome the limitations of lithium-based batteries, states Morgan Frederick, manager of the International Zinc Association’s Zinc Battery Initiative.
In a column published by North American Clean Energy, Mr Frederick lists the limitations of lithium as including insecure supply chains, risky flammability, and inadequate recyclability. “When all the complements and alternatives to lithium gain the prominence they deserve. It’s time to bank on zinc’s promising role in the energy systems of the future,” he writes.
“Zinc is exceptionally well suited to electrochemical storage. That’s why it was the key ingredient in the world’s first battery, and why it still powers all the AA, C, and D batteries in our homes.
Key data points: The growth forecast = 8.6% annually for the next 7 years. Scroll below to get more insights. This market report covers Trends, opportunities and forecasts in AB battery system market to 2031 by type (lithium iron phosphate battery + ternary lithium battery, lithium battery + sodium battery, and others), application (automotive and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Download free sample pages“As global requirements for energy storage become more demanding and complex, a range of new zinc-based technologies have emerged to innovate and advance the capability of batteries to provide our increasingly challenging global energy needs.”