Globally, the energy transition has been a generally positive development. However, the Global South continues to bear a disproportionate cost of the transition - the human and environmental costs. A Just Energy Transition is the only Sustainable Solution! #JustEnergyTransition

Great summary of the key issues at the recent Fastmarkets lithium and battery raw materials conference in Las Vegas. You can also sign up for Naphtal Haya's *free* newsletter on energystoragechronicles.beehiiv.com for lots of interesting content on energy storage trends!

From an energy transition perspective, Somalia’s 1.6 MW solar PV combined with a 1.23 MW/5.3 MWh battery energy storage system (BESS) is a drop in the bucket. However, the learnings from the project will be used to create a template for deploying larger scale BESS projects.

A major step for Botswana’s energy transition! The 50 MW/200 MWh BESS project is funded by loans and grants from World Bank and International financiers - a step towards making global climate finance more accessible for African countries!

Who’s leading the energy transition? The Global South is! In fact, African countries alone possess significant proportions of global reserves of cobalt (48%), Manganese (48%) and graphite (22%). Only bad governance stands in the way of economic growth!

Hydrostor has a new sauce to improving the efficiency of compressed air energy storage (CAES) projects - adding a pumped hydro aspect. Will Hydrostor overcome engineering issues to deliver the target improved performance?

Grateful to see the recognition of the Energy Storage Chronicles publication by the International Flow Battery Forum (IFBF). Dedicated to advancing a Just Energy Transition by promoting innovative technologies and supply chains. To flow batteries!

The battery passport has often been viewed as a costly impediment. What’s the other side of the coin? The value outweighs the cost as shown below. #fairgreen

The residential BESS market is growing more competitive: 1. Tesla still controls ~50% of the market 2. LG is losing ground to new entrants such as Enphase and SunPower

Global ranking of BESS integrators based on 2023 market share: 1. Tesla dethrones Sungrow at the top globally 2. Tesla leads North America, Nidec takes European while CRRC takes APAC 3. 6 out of top 10 integrators based in China

Good news: the price of lithium-ion battery packs is declining steadily Bad news: the human and environmental cost of battery production is rising statista.com/statistics/883…

#Copper demand seen +2-3% per year through 2030; supply hit by ore grade decline, rising ore hardness, permitting delays, infrastructure woes & rising mine construction costs, Antofagasta says. Suggests contraction or very measured existing mine supply growth in med-to long-term

🔔 Fast Forward podcast alert: Episode 5 is live! 🔔 I’m joined by Eric Norris, president of energy storage at Albemarle, to discuss all things #lithium. Listen wherever you get your podcasts or on this link below. Albemarle Corp. fmrkts.com/470uPvJ

Did you know that North America has: 1. ~57 battery grade material companies 2. ~47 electrode and cell manufacturing companies 3. ~131 module/pack manufacturing companies NREL battery supply chain database provides this information and more. nrel.gov/transportation…