S&P Global experts present their latest research and discuss topics on energy transition, energy security and trends shaping the global economic and energy landscape.
Countries are trying to meet the demand for critical minerals, metals, materials and equipment parts needed for energy transition, along with onshoring and nearshoring supply chains for them. This dual focus on industrialization and energy transition will lead to bottlenecks and could slow the energy transition’s pace. How can innovative material substitution and new technologies reduce the constraints in the supply chain? What are some insights, strategies and real-world examples of how new materials and technologies could be leveraged to optimize efficiency, mitigate risks and adapt to evolving needs of energy transition? The ability to adapt and find new technological solutions for constraints in the supply chain will be even more critical in a world that is increasingly fragmented.
Long Duration Energy Storage (LDES) has come a long way in the past decade. New advancements in mechanical, chemical, thermal storage and flow batteries are in development. What additional boundaries are being pushed in LDES? What commercial applications are just around the corner?
Business models for grid-connected energy storage are being solidified around the world, leading to accelerated growth. In addition, “co-location” projects—pairing battery storage with renewable generation—are an increasingly attractive option for developers because of the flexibility and added value they place on generation assets. What are the business models unlocking new growth for this sector? What are the optimal combinations of renewables and storage being taken by developers to deliver the most resilient and reliant hybrid systems? How will the co-location trend continue to evolve to meet the needs of flexible, bidirectional grids of the future?
Across the global stage, over a hundred countries have pledged to triple renewable energy deployment by 2030. How are these countries addressing potential bottlenecks in the supply chain for the materials needed to achieve this goal?