With the rapid scaling of intermittent renewable energy, the global demand for advanced and long duration energy storage is increasing substantially. Countries all over the world are implementing aggressive renewable energy targets. In order to hit these targets and provide a reliable energy supply, firm capacity through grid-level energy storage will be required.
There is currently a mass shift in development among major automakers towards the development of electric vehicles. This market is presently dominated by lithium ion batteries and there is an on-going push to continue making these batteries safer, lighter, and longer lasting than ever before. Additionally, development in alternative batteries such as metal-air and nickel metal hydride aim to meet or exceed energy densities of Li-ion and expand operational ranges with earth-abundant materials.
Ionomr materials enable elevated energy densities & efficiencies that open new opportunities for battery development. They are used in the following applications: