Energy and Battery Technology June 2019

With environmental collapse at the top of today’s headlines, the potential of renewable energy has hardly been more relevant. And as the associated technology is refined and the generation and storage of power improves, we’ve reached a point where renewables are no longer just a nice alternative, but a serious and necessary replacement for traditional fossil fuels.

The challenges and pitfalls remain as we gradually shift to greener forms of energy: Panasonic was hit with falling profits as the costs of investing in automotive battery technology took hold. Yet, perhaps for the first time, renewables are being taken seriously by both governments and industry, who see huge opportunities in cleaner power. The European Investment Bank has invested the largest amount to date – €350 million – in a new battery plant in Sweden, and companies are coming up with ever more ingenious ways to squeeze more power out of wind, solar or hydro – and, just as importantly, to store that power for a rainy day.

Click here to read the magazine.

© Business Reporter 2021

Top Articles

Reforming upskilling strategies for the changing work landscape

Leaders across industries must upskill the workforce to deliver new business models in the post-pandemic era

Green or greenwashing?

Procurement must stamp out greenwashing from supply chains, to ensure that organisations’ products and goals are not just a “green…

American View: Why Do Cultural Taboos Frustrate New Technology Implementation?

Businesspeople seldom evaluate new technologies on capabilities alone; why do peoples irrational beliefs impede attempts to discuss worthwhile innovations?

Related Articles

Register for our newsletter

[ajax_load_more loading_style="infinite classic" single_post="true" single_post_order="previous" post_type="post" elementor="true"]