Home Automation is the latest movement in the Building & Construction industry. The residential extension of building automation, home automation, ties to the upward trend of the Internet of Things (IoT), with Smart Home control systems that can be operated from a mobile device. Now, once manual aspects of the home – HVAC, lighting, security, garage doors, cable systems, smoke detectors, window shades and even pet feeders – can be executed with a button or a voice command, due to Climate Change, backup power has been on the continued rise with engine power generator sets and the transition to advanced battery systems.
Energy Storage System Market
The global energy storage system market is estimated to garner a revenue of ~USD 80 Billion by the end of 2035 by growing at a CAGR of ~6% over the forecast period, i.e., 2023 – 2035. Further, the market garnered revenue of ~USD 43 Billion in the year 2022. The growth of the market can be attributed to the growing demand for energy storage and transportation, backed by the global adoption of renewable energy, and soaring investments in grids are anticipated to drive the market growth in the coming years. As per a report by the International Energy Agency (IEA), electricity grid investments were expected to reach USD 290 billion in 2021. Moreover, the radically increasing demand for energy throughout the world is also predicted to increase the growth of the global energy storage system market further in the years to come.
In addition to these, factors that are believed to fuel the market growth of energy storage system include the worldwide rise in power outages, along with the surging investments in the production of renewable energy. For instance, based on a 2019–2020 assessment of residential energy use in India, more than 55% of rural residents experienced intermittent power outages each day. Additionally, a surge in the demand for efficient grid management, coupled with thefavourable governmental framework for sustainable technologies are some major factors that are anticipated to boost the market growth further over the projected time frame.
Energy Storage with new chemistries has developed a long duration of 2- 22 hours. JLM clients are making inroads…
CMBLU ENERGY AG INDUSTRIES
traße 19D-63755 Alzenau- Germany www.cmblu.de
A new technology battery chemistry for a long duration ...The world's best non-lithium battery for energy storage based on cost and performance with a 20+ year life expectancy. A power source solid-state flow battery developed with a long-range 2-22 hours CMBlu develop Energy Storage MW 50W on up utility scale and additionally high frequency charging ideally E V charging stations at C -Stores with petro fuel during peak hours.
A new non-lithium chemistry that is extremely safe, made in Germany and 3Q 2024 in US South Carolina.
PRESENTATION
P-TYPE REDOX ACTIVE ORGANIC ELECTRODE MATERIALS FOR NEXT-GEN RECHARGEABLE BATTERIES
ALTECH BATTERIES
Suite 8, 295 Rokeby Road, Subiaco Western Australia 6008 | W: www.altechgroup.com
Altech Batteries Ltd is at the cutting edge of developing battery materials for a Lithium-ion battery future by successfully incorporating silicon in graphite anodes to produce higher energy density batteries. Altech, led by its research and development team, has achieved extremely positive results with its battery material coating technology for use within the electric vehicle battery market. The R&D focuses on coating high-purity alumina (HPA) on silicon and graphite for inclusion within electric vehicle battery anodes.
Altech has “cracked the silicon barrier” and successfully produced and tested a series of lithium-ion battery anode materials with ~30% higher retention capacity than conventional lithium-ion battery anode materials. Altech successfully combined silicon particles treated with its innovative proprietary technology with regular battery-grade graphite to achieve its breakthrough in producing a lithium-ion battery electrode containing a composite graphite/silicon anode. These materials held 30% more capacity when energised than conventional graphite-only anode material.