Key findings from the 2020 China Energy Outlook report — which outlines a path for continuous improvement of energy efficiency and emissions through 2050 in China — were recently highlighted by the American Council for an Energy-Efficient Economy (ACEEE).
In our future electrified world, the demand for battery storage is projected to be enormous, reaching to upwards of 2 to 10 terawatt-hours (TWh) of annual battery production by 2030, from less than 0.5 TWh today. However, concerns are growing as to whether key raw materials will be adequate to meet this future demand. The lithium-ion battery – the dominant technology for the foreseeable future – has a component made of cobalt and nickel, and those two metals face severe supply constraints on the global market.
The Building Efficiency Targeting Tool for Energy Retrofits (BETTER), a technology that identifies cost-saving energy reductions in building portfolios, continues to win accolades and support from researchers and investors alike.