Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, March 18 2021 - 09:00
AsiaNet
'Global Fully Charged' sector moving towards a sustainable future: By Kalkine Pty Limited
SYDNEY, Mar. 18, 2021/PRNewswire- AsiaNet/--

   With more focus on an 'Electrified World', and policymakers paving way for a 
sustainable future, 'Battery-Storage Technologies' Space seems to be the next 
wave of a frenzy to mitigate climate-change. 
   The role of batteries in enabling a 'Global Green Economy' vision over the 
next-decade is a big question here. The battery industry is still in the 
nascent-stage of innovation and can act as a key enabler transforming the 
transportation and power sector to create an emission-free environment.
   In the hindsight, Kalkine's 'Global Fully Charged', or 'Battery' Sector 
information provides insights on diverse quality battery-storage companies. 
Electric Vehicles and Battery-Storage area presents some earnings potential; 
and with evolving focus on climate-crisis, recent announcements by major 
carmakers to go all electric by 2030-2035, and overwhelming fund commitment by 
policymakers (over $3.5 billion fund by European Commission as per German 
Economic Ministry), immense opportunities may emerge in this sector. 
    Businesses involved in the battery-storage space appear to be benefitting 
from the shifting focus towards decarbonisation. With oil consumption to drop, 
battery-cell and auto manufacturers, chemical businesses, solar and utility 
operators are set to benefit, while lithium-ion batteries may serve as prime 
energy-storage due to superior lifespan and power densities.
    Soaring Battery-Storage Space amid Rising Demand 
    COVID-19 containment measures impacted deployments in 2019, but as 
restrictions lifted, global economies resumed production near pre-COVID levels. 
With increasing solar-paired storage, the global energy-storage market is 
estimated to take a leap ahead. Amid Global prospects, the US serves as the 
biggest market for energy-storage driven by regulatory mandates and opening of 
wholesale energy market. Besides, Australia's residential storage market may 
get support from the surge in residential dwellings. Other markets including 
UK, Canada, and New Zealand are also steadily transitioning. Solar + Storage 
concept seems exciting while batteries space is expected to revolutionize 
renewables energy.
   Nevertheless, few factors including lack of market penetration given the 
nascent-stage, cost of batteries, government support, and capex front loading 
by corporates should be considered.
Considering this, Kalkine's 'Fully Charged' Research aims to provide insights 
on diverse businesses with focus on Fundamentals, Technical Prowess, 
Climate-Change Strategies, Scalability and Applicability alongside Risks and 
Opportunities.

Source : Kalkine Media