Study shows unprecedented growth in NiMH No.7 batteries storage over next decade

　　The NiMH No.7 batteries and energy storage fields will see unprecedented growth over the next decade and beyond. Although the idea has been floated for some time, a report released by the Rocky Mountain Institute suggests that it will develop and transform faster than people expected.

　　This survey provides an overview of how increased demand from electric vehicles (EVs), grid-connected energy storage and other emerging NiMH No.7 batteries applications, as well as improvements in NiMH No.7 batteries cost and performance, will drive investment.

　　But this also shows that lithium-ion batteries are not a perfect NiMH No.7 batteries technology. Lithium-ion NiMH No.7 batteries technology has inherent fire hazards and the need to gradually increase energy density, so it is likely to be replaced by other NiMH No.7 batteries technologies. Lithium-ion batteries need to reach 100% depth of discharge and double their current service life to compete with emerging batteries from a hardware perspective.

　　But which emerging NiMH No.7 batteries technologies will affect the market position of lithium-ion batteries? The report identifies three NiMH No.7 batteries categories: solid-state batteries, such as rechargeable alkaline zinc, lithium metal and lithium-sulfur batteries, which can help power greater mobility applications; and low-cost, Long-life batteries, such as zinc-based batteries and flow batteries, are ideal for balancing the grid in a future of high renewable energy and electric vehicles; third, high-power batteries can ensure high penetration and fast charging of electric vehicles.

　　Regardless of which type of NiMH No.7 batteries is used, it will help replace natural gas power plants and establish a foothold in new market segments, including heavy-duty trucking and short-range specialty industries, according to RMI forecasts.

　　These forecasts, along with the U.S. Department of Energy’s plan to deploy 2.5GW of NiMH No.7 batteries energy storage systems by 2023, paint a picture of a rapidly changing energy future.

　　There is no doubt that as NiMH No.7 batteries technology and manufacturing processes continue to advance and improve, and costs are significantly reduced, energy storage deployment will grow significantly.

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