September, 2021
www.us-tech.com Battery Development: Saving Today’s Energy... Continued from previous page
the demand for holistically more capable energy supplies. Fast Charging
Consumers are accustomed to abundant, always-accessible energy, making fast charg- ing an essential element of any sustainable battery solution. This is especially true for electric vehicles. As a Consumer Reports sur- vey found, “a more robust network of fast charging stations would help alleviate buy- ers’ concerns about switching to an electric vehicle.” In comparison, drivers can refill their cars with gas in mere minutes, so any long-term electric vehicle development will need to provide a similar battery recharging experience.
Ultra-fast electric vehicle charging units are already begin- ning to make a mark, and when combined with energy storage systems that accommodate fast charging, charging stations can provide a reliable, optimal expe- rience for drivers of electric cars. While fast charging times
are critical to electric vehicle adoption, this battery feature is also critical for other consumer devices. A 2021 consumer assess- ment found that long battery life and fast charging “matter most for consumers” when purchasing smartphones, laptops, and a range of other devices. From elec- tric car adoption to consumer electronic preferences, fast charging helps eliminate friction from the user experience, making it a critical trend for battery development.
Grid Storage As green energy plays a
more prominent role in both our current and future energy pro- duction, better grid storage solu- tions are a necessary next step. Solar and wind energy provide sustainable electricity, but ener- gy producers need the capacity to store that energy when the sun isn’t shining or the wind isn’t blowing. In response, the U.S. Department of Energy has invested heavily in long-duration storage, and is also pursuing grid storage solutions that will reduce the cost of long-duration storage.
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Ultimately, the government agency is striving to reduce the cost of long-duration
storage by 90 percent by 2030, making affordable grid storage solutions a top priori- ty for public and private energy utilities. As better development makes grid storage more prolific, consumers can expect more reliable, affordable, and sustainable electricity.
U.S. Production Capacity The United States is a global leader in
Aerial view of large-scale battery installation.
battery innovation and R&D, but its supply chain is less robust than that of many other countries, including Europe and China. Not only does this pose a potential security risk if a geopolitical conflict arises, but it makes energy supplies less controllable and reliable. As a result, government investments in
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