Versatile lithium-ion can unpick gridlock

The Swiss Army knife qualities of lithium-ion batteries have helped scale the technology. Now their ubiquitous nature means they are ideally placed to help electricity system operators balance the grid, argues Gerard Reid, co-founder and partner of Alexa Capital.

Issue 06 – 2024 | Down to the wires

The increasing deployment of lithium-ion batteries has changed the storage landscape as their capacity to store and discharge makes them a versatile tool for transportation and energy generation.

Photo: Fluence

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