Exploding investment in battery technologies is revolutionizing the energy sector much faster than expected and setting in motion a seismic shift in how we will power our lives and organize energy systems by as early as 2030, reported the Rocky Mountain Institute (RMI).
With funding pouring into battery technology companies — more than $1.4 billion in first half 2019 alone — RMI found that the reality of a future energy system rich in renewables and electric vehicles is closer than ever. The report also highlights the growing threat of stranded assets in natural gas and internal combustion engine vehicle markets, and an opportunity for the United States to become a global leader in the battery industry by constructively aligning efforts from the public and private sectors to support technology growth.
Throughout the Breakthrough Battery Technologies report, RMI investigates new markets and applications and the potential for commercialization of battery che
