The demand for battery electrical energy storage systems is projected to rise as the world moves towards a low-carbon economy. Technological advancements and decreasing costs will likely make these systems more efficient and affordable. By 2050, about 50% of grid electricity is expected to come from renewable sources, making battery storage crucial for the electrical grid.
Batteries generally last at least 20 years, though they may still have usable capacity beyond this period. Companies like Lightsource bp aim to reuse and recycle materials throughout their projects and at the end of their lifecycle.
