The US energy storage market’s rapid growth is going to lead to scrambles for available battery supply, leading many to consider alternative technologies to lithium-ion.
Supply chain constraints impacting the energy storage industry have come at a “critical” stage for the sector’s development, a BloombergNEF analyst has said.
The construction of battery cell factories catering specifically for stationary energy storage means competition for supply with the EV sector will cool off in the next couple of years.