The switch from fossil fuels to renewable energy alternatives and the electrification of energy is one of the key elements of delivering carbon neutral economies, and batteries are set to play a critical role in delivering this low-carbon future, says investment research and advisory company Edison Group.
The company explains that this is largely owing to the critical role that batteries will play in transforming the future of transport, by rapidly accelerating the adoption of electric vehicles (EVs) and the decarbonisation of the electricity grid.