#Lithium Ion Battery Manufacturing Plant Project Report Business Plan
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Lithium Ion Battery Manufacturing Plant Project Report Business Plan
The report provides insights into the landscape of the lithium ion battery industry at the global level. The report also provides a segment-wise and region-wise breakup of the global lithium ion battery industry.
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Global specialty carbon black market is on course to achieve record valuation owing to 4.5% CAGR during period of 2019 to 2027
Carbon black has remained a key ingredient in the several industries ranging from the automobile to printing sector. However, an increasing demand for high-tech products is currently asking for more innovation in the global market. The increasing requirement for specialty carbon black is growing constantly as the consumers preference are constantly changing. The global specialty carbon black market is projected to exhibit an impressive CAGR of 4.5% during the mentioned period of forecast of 2019 to 2027.
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Increasing Demand for Lithium-ion Batteries to Push Development of Asia Pacific Segment
In terms of geographical landscape, there are five main regional segments of the global specialty carbon black market. These segments are Europe, Asia Pacific, North America, the Middle East and Africa, and Latin America. Of these segments, the global specialty carbon market is presently dominated by the region of Asia Pacific. In 2018, the regional segment accounted for around 45% of total share of the specialty carbon black market. This trend is projected to continue for the given projection period of 2019 to 2027. The development of the regional segment of Asia Pacific is mainly due to the developments occurring in the developing economies such as China, Indonesia, and India. These nations are presently witnessing an eye-catching demand for different application such as cables, wires, and wires, cables, and other conductive plastic appliances and devices due to significant developments in the construction industry. Due to the outstanding conductive features of specialty carbon black, it has become a popular additive preference for such applications. Naturally, it has aided in pushing the growth of the market in Asia Pacific.
Additionally, in recent years, there has been significant growth in the requirement for the lithium-ion batteries. This increasing demand is because of the growing production and requirement for the development of electric vehicles and consumer electronic products. Nations such as Taiwan, South Korea, and China are some of the major exporters of these batteries. Hence, the development in the overall requirement for these lithium-ion batteries is expected to have a considerable impact on the overall growth of the specialty carbon black market in the Asia Pacific region.
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Expanding Production Facilities is Key for Leading Companies in Global Market
Recently, the global specialty carbon black market has been experiencing a tremendous development with respect to both volume and value. Back in 2018, the overall sale of the global market was nearly1000 kilo tons. The total value of the record sale was worth US$2 billion. With an increasing number of companies operating in the global market such as Cabot Corporation, Orion Engineered Carbons, and Himadri Specialty Chemical Ltd., the market is expected to witness an increased competition. These companies are now planning to expand their production facilities which in turn will help in boosting the specialty carbon black market. For instance, in recent development, Himadri Specialty Chemicals announced that it is thinking of setting up brand new manufacturing line for specialty carbon black at its present integrated production plant at Mahistikry, West Bengal, in India. This move will help Himadri Specialty Chemical Ltd. to improve its existing manufacturing capacities.
The global Specialty Carbon Black Market is segmented as follows:
Form
Granules
Powder
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Application
Plastics
Battery Electrodes
Paints & Coatings
Inks & Toners
Others (Including Rubber)
Conductive and Electrostatic Dissipative (ESD)
Wires & Cables
Other Conductive Applications
Lithium-ion Battery
Others (Including Lead–Acid Battery and Zinc–Carbon Battery)
Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
S.
Canada
Germany
France
K.
Italy
Spain
Russia & CIS
Rest of Europe
China
Japan
India
ASEAN
South Korea
Australia
Rest of Asia Pacific
Brazil
Mexico
Rest of Latin America
GCC
South Africa
Rest of Middle East & Africa
Companies in the Specialty Carbon Black market have increasingly shifted gears with wide application of digital technology across the continuum, from raw material sourcing to manufacturing to generation of final output, to warehousing to final distribution operations. Among the various affects, the market is witnessing new growth economics due to thinning of line between specialty and commodity businesses that are associated with the larger ecosystem. At the same time, new growth parameters are being vigorously being debated as industry stakeholders put greater emphasis on the circular economy processes.
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Lithium-Ion Battery Separator (Lithium Battery Separator) Audience, Geographies, and Key Players2021-2028
Wastewater treatment is a process used to remove contaminants from wastewater or sewage and convert it into an effluent that can be returned to the water cycle. For domestic wastewater (also called municipal wastewater), the treatment plant may be called a Water Resource Recovery Facility (WRRF) or a Sewage Treatment Plant (STP). For industrial wastewater, treatment either takes place in a separate industrial wastewater treatment plant, or in a sewage treatment plant (usually after some form of pre-treatment). We aims to provide a complete knowledgeable report so that the readers will benefit from it. The report is properly examined and compiled by industry experts and will shed light on the key information that requires from the clients.
ALSO READ : http://www.marketwatch.com/story/wastewater-treatment-market-research-report-with-size-share-value-cagr-outlook-analysis-latest-updates-data-and-news-2020-2026-2021-07-17
Case numbers are resurging in parts of the world where the COVID-19 pandemic was waning, falling in places that saw huge surges recently, and just beginning to rise in previously little-impacted parts of the globe. Studying and analyzing the impact of Coronavirus COVID-19 on the Industrial Wastewater Treatment Plants industry, the report provide in-depth analysis and professtional advices on how to face the post COIVD-19 period.
ALSO READ : http://www.marketwatch.com/story/june-2021-report-on-global-hvac-repair-service-market-overview-size-share-and-trends-2021-2026-2021-06-09
Market Segment by Product Type Design Installation Operations Maintenance
ALSO READ : http://www.marketwatch.com/story/june-2021-report-on-global-artificial-intelligence-ai-in-precision-farming-market-overview-size-share-and-trends-2021-2026-2021-06-11
Market Segment by Product Application Power Oil and Gas Others
ALSO READ : http://www.marketwatch.com/story/june-2021-report-on-global-sweat-bands-market-overview-size-share-and-trends-2021-2026-2021-06-11
Finally, the report provides detailed profile and data information analysis of leading company. Thermax Group Ecolab Pentair SUEZ WOG Group Golder Associates SWA Water Holdings Aries Chemical Veolia Xylem Evoqua Water Technologies Terrapure Environmental
Insights and Tools: Projected and forecast revenue values are in constant U.S. dollars, unadjusted for inflation. Product values and regional markets are estimated by market analyst, data analyst and people from related industry, based on companys' revenue and applications market respectively. The data sources include but not limited to reports of companys,international organizations and governments, MMI market surveys,and related industry news. Analyses of global market trends, with historical data, estimates for 2021 and projections of compound annual growth rates (CAGRs) through 2026 The market research includes historical and forecast data from like demand, application details, price trends, and company shares by geography, especially focuses on the key regions like United States, European Union, China, and other regions. In addition, the report provides insight into main drivers,challenges,opportunities and risk of the market and strategies of suppliers. Key players are profiled as well with their market shares in the global market discussed.
Research Objectives 1.To study and analyze the global Industrial Wastewater Treatment Plants consumption (value) by key regions/countries, product type and application, history data from 2016 to 2020, and forecast to 2026. 2.To understand the structure of Industrial Wastewater Treatment Plants market by identifying its various subsegments. 3.Focuses on the key global Industrial Wastewater Treatment Plants manufacturers, to define, describe and analyze the value, market share, market competition landscape, Porter's five forces analysis, SWOT analysis and development plans in next few years. 4.To analyze the Industrial Wastewater Treatment Plants with respect to individual growth trends, future prospects, and their contribution to the total market. 5.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). 6.To project the consumption of Industrial Wastewater Treatment Plants submarkets, with respect to key regions (along with their respective key countries). 7.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. 8.To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
Global Industrial Wastewater Treatment Plants Market Research Report 2021, Forecast to 2026
1 Market Study Overview 1.1 Study Objectives 1.2 Industrial Wastewater Treatment Plants Introduce 1.3 Combined with the Analysis of Macroeconomic Indicators 1.4 Brief Description of Research methods 1.5 Market Breakdown and Data Triangulation
ALSO READ : http://www.marketwatch.com/story/june-2021-report-on-global-frozen-seafoods-market-size-share-value-and-competitive-landscape-2020-2021-06-14
2 Global Trend Summary 2.1 Industrial Wastewater Treatment Plants Segment by Type 2.1.1 Design 2.1.2 Installation 2.1.3 Operations 2.1.4 Maintenance 2.2 Market Analysis by Application 2.2.1 Power 2.2.2 Oil and Gas 2.2.3 Others 2.3 Global Industrial Wastewater Treatment Plants Market Comparison by Regions (2016-2026) 2.3.1 Global Industrial Wastewater Treatment Plants Market Size (2016-2026) 2.3.2 North America Industrial Wastewater Treatment Plants Status and Prospect (2016-2026) 2.3.3 Europe Industrial Wastewater Treatment Plants Status and Prospect (2016-2026) 2.3.4 China Industrial Wastewater Treatment Plants Status and Prospect (2016-2026) 2.3.5 Japan Industrial Wastewater Treatment Plants Status and Prospect (2016-2026) 2.3.6 Southeast Asia Industrial Wastewater Treatment Plants Status and Prospect (2016-2026) 2.4 Basic Product Information 2.4.1 Basic Product Information & Technology Development History 2.4.2 Product Manufacturing Process 2.4.3 Interview with Major Market Participants 2.4.4 High-end Market Analysis and Forecast 2.5 Coronavirus Disease 2019 (Covid-19): Industrial Wastewater Treatment Plants Industry Impact 2.5.1 Industrial Wastewater Treatment Plants Business Impact Assessment - Covid-19 2.5.2 Market Trends and Industrial Wastewater Treatment Plants Potential Opportunities in the COVID-19 Landscape 2.5.3 Measures / Proposal against Covid-19
3 Competition by Manufacturer 3.1 Global Industrial Wastewater Treatment Plants Sales and Market Share by Manufacturer (2016-2021) 3.2 Global Industrial Wastewater Treatment Plants Revenue and Market Share by Manufacturer (2016-2021) 3.3 Global Industrial Wastewater Treatment Plants Industry Concentration Ratio (CR5 and HHI) 3.4 Top 5 Industrial Wastewater Treatment Plants Manufacturer Market Share 3.5 Top 10 Industrial Wastewater Treatment Plants Manufacturer Market Share 3.6 Date of Key Manufacturers Enter into Industrial Wastewater Treatment Plants Market 3.7 Key Manufacturers Industrial Wastewater Treatment Plants Key Manufacturers 3.8 Mergers & Acquisitions Planning
4 Analysis of Industrial Wastewater Treatment Plants Industry Key Manufacturers 4.1 Thermax Group 4.1.1 Compan Detail 4.1.2 Thermax Group Industrial Wastewater Treatment Plants Product Introduction, Application and Specification 4.1.3 Thermax Group 159 Sales, Price, Cost, Gross Margin, and Revenue (2016-2021) 4.1.4 Main Business Overview 4.1.5 Thermax Group News 4.2 Ecolab 4.2.1 Compan Detail 4.2.2 Ecolab Industrial Wastewater Treatment Plants Product Introduction, Application and Specification 4.2.3 Ecolab Industrial Wastewater Treatment Plants Sales, Price, Cost, Gross Margin, and Revenue (2016-2021) 4.2.4 Main Business Overview 4.2.5 Thermax Group News 4.3 Pentair 4.3.1 Compan Detail 4.3.2 Pentair Industrial Wastewater Treatment Plants Product Introduction, Application and Specification 4.3.3 Pentair Industrial Wastewater Treatment Plants Sales, Price, Cost, Gross Margin, and Revenue (2016-2021) 4.3.4 Main Business Overview
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Flow Battery Market Research Report-Global Forecast till 2023
Market Scope
The flow battery market 2020 can attain an outstanding growth rate of 30.68% between 2018 and 2023 (assessment period), says Market Research Future (MRFR). We will provide covid-19 impact analysis with the report. The report offers the latest developments in the flow battery market induced by the novel coronavirus outbreak in the early half of 2020.
Growth Inducers and Key Deterrents
The impact analysis on COVID-19 has been performed by MRFR, which reveals that the oil and gas industry can be profoundly affected by the plummeting demand and the crashing prices of power worldwide. Taking into account the long-term impact of COVID-19, most of the leading companies are presently working on bringing down the costs of protecting their assets, and are also putting in efforts to ensure uninterrupted operations to control the revenue loss. While the world is busy trying to achieve a COVID-19 breakthrough, the lockdown situation has managed to restrain the movement of materials across energy and power plants. The short-term impact in line with the current lockdown situation has led to a massive decline in the investment capacity along with a drop in power prices in the face of political uncertainty, suggests the COVID-19 analysis by MRFR.
Flow batteries are reliable components that are extensively used to store energy. In the wake of increasing technological innovations, there has been a notable shift towards renewable energy as well as its storage devices. The trends are projected to favor the flow battery market in the coming years. Also, economic growth in conjunction with the rising number of infrastructure projects could boost the demand for storage devices, leading to better market growth flow batteries in the approaching years.
The ongoing research and development activities to facilitate technical development are expected to bring down the cost and also address the needs of various other industries. This could mean excellent business prospects for the flow batteries market, with the increasing preference for storage systems like lithium-ion batteries. The demand for flow batteries can also surge since electrolyte accounts for close to one-third of the total battery cost. Further, partnerships between renowned companies can also be instrumental in facilitating production scalability and boosting consumer reach within the flow batteries industry. Players are constantly entering into supply chain agreements in an attempt to develop a highly integrated supply chain network with respect to distribution, sale as well as manufacturing of flow batteries.
Market Segmentation
As per the flow battery market forecast by MRFR, the primary segments listed in the report are product type, material type, storage type, and application.
Redox and hybrid are the primary product types discussed in the market review. Redox is the dominant segment in the market, given its reliability and flexibility in energy storage applications across grid operations and power stations.
The material types covered in the study include vanadium as well as zinc-bromine.
Storage types analyzed in the report are large scale and compact. Industrial and commercial utilities make extensive use of large-scale storage devices as they are highly efficient when used in a variety of operations.
The applications of flow batteries include utilities, defense, industrial & commercial segments, and others. The lead has been claimed by the commercial segment and can even attain the fastest expansion rate in the years to come.
Regional Study
The study comprises an estimation of the flow battery market size across primary regions of Europe, MEA or the Middle East and Africa, North America and APAC or Asia Pacific.
As of 2017, the most successful market for flow battery had been North America and it is expected that the region can very well maintain its winning streak throughout the conjectured period. More and more private customers are striving to curb energy costs, which has resulted in the introduction of a number of residential storage solutions. Commercial and residential properties are increasingly deploying energy storage within their building plans, which can induce growth of the flow battery market. The rising energy cost is also leading to higher spending on technologies that are more affordable and efficient; as a result of which the energy storage technology is now a sought after commodity in the residential sector. This factor can be an emerging opportunity that can boost the flow battery market share across North America. Post SARS-CoV-2 outbreak, the regional market has faced a mild roadblock. But, given the expansive industrial base and strong financial status, there is a strong possibility of rapid recovery in the coming years.
Emerging countries such as India, Japan and China in the APAC market are constantly modifying their energy policies to ensure that a substantial portion of the energy generated comes from renewable energy resources like solar and wind. The growing interest in renewable energy sources in light of the deteriorating environmental health is a prevalent trend that can benefit the glow battery market. Financial backing from the government and rising investments in development of flow battery can be a notable growth inducer in the regional market, despite the economic loss induced by the corona pandemic.
Prominent Competitors
Prominent competitors in the flow battery industry include Redflow Limited (Australia), Schmid (Germany), ViZn Energy Systems. (US), EnSync Energy Systems (US), Primus Power (US), Elestor (Europe), redT energy plc. (UK), Gildemeister Energy Solutions (Austria), ESS Inc. (US), Sumitomo Electric Industries, Ltd. (Japan), to list a few.
Latest News
May 2020
Schmid JV is all set to start the construction of the 3GWh Saudi Arabia flow battery factory in 2020, following the partnership with Nusaned, a Saudi Arabian investment company. The focus will be mostly on the development of the vanadium redox flow battery technology and its manufacturing across the country.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/flow-battery-market-6620
About Market Research Future:
Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.
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Dimethyl Carbonate Market Trends, Business Opportunities, Challenges, Size, Share, Growth Insights to 2027
The global Dimethyl Carbonate Market is likely to foresee impressive growth in the forthcoming years. The is ascribable to the latest innovations and accelerated globalization.
The global dimethyl carbonate (DMC) market size is anticipated to rise owing to increasing adoption of batteries by several manufacturers to adhere to strict environmental regulations across several economies. Fortune Business Insights, in its latest upcoming report, titled “Dimethyl Carbonate (DMC) Market Size, Share & Industry Analysis, By Grade (Industrial Grade (?99%), Reagent Grade (99.1% - 99.8%), Battery Grade (?99.9%)), By Application (Chemical Synthesis, Pharmaceuticals, Pesticides, Paints & Dyes, Electronics, Others) Others and Regional Forecast, 2019-2027.”, predicts promising growth for the market during the projected horizon.
Drivers and Restraints:
Increasing Adoption of Lithium-ion Batteries to Aid Growth
In March 2020, XNRGI, A U.S.-based Company, announced its plan to set a high-temperature lithium-ion battery plant at Gurugram in Haryana, India. According to the company, the factory is expected to be built spread over 30,000 square feet wilt a production capability of 240 MWh of batteries every year. The batteries can be charged up to 80% of its capacity in less than two hours and can operate at high temperatures of 55 degree Celsius too. The companies operating in the market are adopting strategies such as merger and acquisition, expansion, and product launches to gain maximum share for the market during the forecast period.
Furthermore, product innovation by the companies is expected to drive the growth of the market during the forecast period. For instance, Flux Power Holdings Inc., in March 2020, announced its launch of new LiFT Pack L48 lithium-ion pack of batteries at the annual MODEX 2020. The company reported that the lithium-ion batteries are designed especially for three wheel forklifts extensively used in high performing warehouses. Novel product launches and increasing demand for batteries to power several devices will drive the growth of the market during the projected horizon.
Gain More Insights into the Dimethyl Carbonate Market Research Report
https://www.fortunebusinessinsights.com/dimethyl-carbonate-dmc-market-102131
List of the Companies Operating in the Market:
Merck KgaA
Henan GP Chemicals Co. Ltd.
WEGO Chemical Group
Hefei TNJ Chemical Industry Co. Ltd.
Akzo Nobel
UBE Industries
Thermo Fisher Scientific
Alfa Aesar
Aceto Corporation
Connect Chemicals
Silver Fern Chemicals.
Regional Analysis:
R&D Activities by Companies to Promote Growth in North America
Among the regions, Asia-Pacific will witness huge growth for the market during the forecast period. This is ascribable to factors such as presence large chemical synthesis industries in Asia-Pacific. On the other hand, the market in North America is likely to grow in the forthcoming years. R&D activities by prominent companies such as Tesla to develop hybrid electric vehicles, and plug-in hybrid electric vehicles in North America will contribute to the growth of the market during the projected horizon.
Europe will register healthy growth backed by increasing adoption of DMC as a promising oxygenated fuel during the forecast period. The market in Latin America is in its infancy and will register significant growth in the forthcoming years. Increasing demand from electronics and pharmaceutical sectors in the Middle East and Africa will bode well for the growth of the market between 2019 and 2027.
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Anjuum Khanna – Tesla to Start India Operations in Mid-2021, Elon Musk Says Model 3 Bookings to Open in January
2021 is coming with new highlight news which is “Tesla to Start India Operations in Mid-2021”. After a significant delay of four years, it at long last appears to be that Tesla will go to the Indian car market by June 2021.The current Minister for Road Transport & Highways and the Minister of Micro, Small and Medium Enterprises Nitin Gadkari confirms this news, he said “Tesla will start operations first with sales and then maybe look at assembly and manufacturing based on the response to the cars”. Also Gadkari said “India is going to become a number 1 manufacturing hub for auto in five years,” This is the best good news for Indians. According to Anjuum khanna, TESLA’s new project in India will help to build new career opportunities for youth. India soon will become a manufacturing hub. This will give global recognition to the Indian economy.
In October, Tesla CEO Elon Musk had recommended that the organization will come to India in 2021 while reacting to a tweet from India. “Next year for sure” Musk had answered when a handle called Tesla Club India checked with him about the organization’s progress in India.
Elon Musk’s Tesla has become one of the leading companies in the electric car market and it is great for its products to appear in India and other major markets. Tesla will launch his new Model “Tesla Model 3”. Tesla will begin its innings in India with Model 3. The entry-level Tesla electric car gets a lithium-ion battery with dual electric motors and offers a range of up to 518 km on a single charge. According to Cardekho, Expected launch of this “tesla model 3” is March, 2021. The electric sedan could be priced from Rs 60 lakh onwards. Many reviewers said “I am really waiting for tesla to launch in my country’s market. Tesla as an electric vehicle is really going to make changes in India by reducing pollution. This car is very smart and the safest car in the world. This car has autopilot technology and the best-looking interior. The interior design is very classic and clean. Tesla Model 3 is an electric four-door sedan developed by Tesla. The Model 3 Standard Range Plus version delivers an EPA-rated all-electric range of 250 miles (402 km) and the Long Range versions deliver 322 miles (518 km). At least one Model 3 was driven 606.2 miles (975 km) on a single charge. Electric range: : 250 miles (402 km) Standard Range Plus; 322 miles (518 km) Long etc.”
Musk had first made his expectations clear about entering the Indian market in 2016, and the organization had likewise started pre-bookings for a short time in those days. In any case, because of vulnerabilities of the EV strategies and market in the nation, the dispatch was required to be postponed for a very long time. At the appropriate time, the organization needed to stop bookings, yet now the individuals who made bookings before will be the initial ones to get the Model 3 when launched next year.
The report also mentioned that the American EV company is also seeking to invest in India. They are planning to open a plant in India and are currently discussing possibilities of investing in a manufacturing facility/ Research and Development Centre either in the states of Kerala or Maharashtra. But those plans might take a year or two to become a reality.
Be that as it may be, local production would not just make the Tesla products more moderate in India, it will likewise be in accordance with the Government of India’s electrification project of the automobile industry by 2030. For the present, Tesla won’t choose any vendors however will sell the vehicles straightforwardly with extraordinary spotlight on digital deals. Soon till 2030, electrified, autonomous, connected and shared will lead to a clear increase in the rate of innovation within the automotive industry – Anjuum Khanna Added.
About Tech Blogger – Anjuum Khanna
Anjuum Khanna is a tech consultant and blogger. He wrote much content on the latest technology such as Artificial intelligence and subsets of AI, innovative customer experience, Robotics, Future Changes in BPO/KPO Industry, Automation etc. Anjuum Khanna is always coming up with new ideas about how to improve business operations.
#anjuum khanna#anjuum khanna blogs#anjuum khanna tech blogger#anjuum khanna consultant#elon musk tesla#tesla india
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What are the challenges of being an electrical engineer?
Renewable energy accounted for approximately 11% of the nation’s energy consumption and 17% of electricity generation in 2018, according to the U.S. Energy Information Administration. You can see the movement toward non-carbon options such as wind, solar, hydroelectric, biomass and geothermal power in action at institutions like The George Washington University. Three solar photovoltaic arrays now fulfill over half of the university’s electricity needs, making GW the No.1 school in purchasing renewable electricity from off-campus sources.
But initiatives like GW’s are just the beginning of the transition toward prioritizing renewable energy. So far, more than 90 cities and two states have committed to achieving a goal of 100% clean energy, and that means there’s a great deal of work ahead. For professionals who are building careers in electrical engineering, renewable energy projects could bring rewarding opportunities and the chance to make a difference in our planet’s future.
How is Renewable Energy Changing Electrical Engineering?
Taking full advantage of renewable energy sources requires innovations in producing, storing and delivering electricity. That makes the technical expertise of online masters electrical engineering professionals a vital resource in organizations striving to establish environmentally friendly practices.
As of 2018, the U.S. Bureau of Labor Statistics reported nearly one in 10 electrical engineers worked in power generation, transmission and distribution. Engineers at utility companies are commonly tasked with responsibilities like:
Projecting future power needs and planning changes to power systems accordingly
Maintaining and updating generators
Designing transmission towers and lines
Determining routes for distribution lines
Monitoring and balancing distribution systems
Setting up substations with the equipment to perform functions like circuit breaking
Identifying potential problems or dangers in a power system and taking steps to address them
The BLS predicted that technical leaps in green energy will be one of the most significant drivers for new openings in the electrical engineering field over the years ahead. Professionals can advance in this employment landscape by expanding their technical skills in designing equipment and optimizing processes to support the shift toward sustainability. By focusing on the concepts that will drive the future of power systems, experts can respond to changes in organizational policies and the regulations that govern utilities providers and government agencies.
The following are just a few of the challenges that today’s electrical engineers face as they create energy solutions to power our future:
Power Storage for When the Wind Doesn’t Blow
One of the most crucial issues on the way to 100% renewable energy is the need for consistent power output even when weather conditions don’t cooperate. To stop using carbon sources, communities must be able to rely on green electricity all day and night in every season. It’s essential to pair renewable energy power generation with the technology for high-capacity storage that keeps the resulting electricity in reserve.
Currently, pumped-storage hydropower is the most common way of storing energy on the scale necessary for U.S. utilities. Most hydropower plants move water between two reservoirs at different elevations, pumping water uphill to reserve electricity. When power is needed to meet demand, the water returns to the lower reservoir to operate a turbine. The need for varied elevations create geographic limitations for hydropower facilities, but engineers can make this approach more sustainable by upgrading and retrofitting plants to increase efficiency.
On the other hand, there may be better ways to keep green electricity at the ready. Lithium-ion batteries, already used in electric vehicles and many electronic devices, appear poised to meet the growing need for energy storage over the next several years. In the past, this technology has been limited to only very brief applications in power plants. However, engineers are vastly expanding the batteries’ capacity, while dropping manufacturing costs make the technology increasingly practical for widespread use.
Some utilities providers have already adopted lithium-ion batteries that store up to four hours of energy. Thanks in part to the efforts of electrical engineers, further progress is on the way that could bring that maximum up to eight hours. Meanwhile, researchers are also exploring other storage possibilities, like rechargeable fuel cells.
Engineers who work for utilities or research and development firms may pursue many avenues in creating the next wave of power storage solutions. By enhancing capacity and efficiency, these advances have the potential to deliver a steady supply of environmentally friendly electricity to communities everywhere.
Integrating Engineering Innovation
The solar panels and wind turbines that generate clean energy are often placed in locations far from population centers. To take advantage of that power, we need the infrastructure to bring the resulting electricity into homes and businesses. Electrical engineers working in renewable energy transmission and power grid development must address a wide range of issues, including:
Expanding and upgrading high-voltage transmission lines, choosing sites for new construction that minimize environmental impact
Accurately forecasting the demand for power and ensuring facilities have the flexibility and storage capabilities to meet those needs
Determining the best approaches to convert renewable energy into electricity efficiently and reliably
Safely handling the flow of power from generation facilities through the grid
Establishing updated control systems to monitor the grid’s function and respond to problems as they occur
The movement toward smart grids, which employ digital technology to monitor power use and collect data about transmission and distribution, is a key factor in enhancing sustainability. By reshaping the grid to operate more efficiently and adapt quickly to changes in consumer demand, engineers pave the way for wider use of renewable energy. Highly responsive smart grids are better suited than traditional systems to handle the variations in power supply that result from a switch to renewable sources.
Declaring Energy Independence with Microgrids
Building and upgrading microgrids could be another important aspect of rethinking power transmission to be more environmentally responsible. These systems are capable of operating autonomously, allowing a specific area to use power independently from the traditional electrical grid. Even when an outage occurs in the broader system, a microgrid continues to generate power locally until broader service is restored. This technology is invaluable in emergency situations like natural disasters, but it can also contribute to green energy initiatives.
Systems that incorporate microgrids can allow more efficient energy transmission than traditional grids alone, leading to power systems that are more cost-effective and less wasteful. Further, some microgrids offer an environmentally friendly alternative by drawing on a renewable energy source, such as solar, biomass or wind power. With continued technological development, sustainable microgrids may prove central to making better and greener use of energy.
For populations in remote areas that are not connected to the grid, renewable energy hybrid power systems can expand access to cleaner electricity. These standalone systems can use energy from multiple sources, such as a wind turbine and photovoltaic cells. When there isn’t enough sunlight or wind, an engine generator powered by conventional fuel can take over.
To reach an ambitious goal of quintupling clean energy production by 2030, Dutch researchers proposed implementing microgrids as the basis for Smart Integrated Decentralized Energy (SIDE) systems. This concept calls for developing a management system that integrates multiple renewable energy technologies to meet local power needs and control costs. With inventive engineering to maximize flexibility, the report suggested, a microgrid could become almost completely self-sufficient.
It takes advanced technical knowledge and creative problem-solving to help revolutionize energy generation, transmission, distribution and consumption. Electrical engineering experts who understand the principles behind the latest in power systems, energy conversion and smart power grids can excel in careers on the cutting edge of renewable power. Completing a Master of Science in electrical engineering could be a crucial step toward gaining the depth of technical knowledge and management skills to advance into a leadership role in the future of sustainable energy.
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52 things I learned in 2019
Each year humanity produces 1,000 times more transistors than grains of rice and wheat combined. [Mark P Mills]
The maths of queuing are absolutely brutal and counter-intuitive. [John D Cook]
Emojis are starting to appear in evidence in court cases, and lawyers are worried: “When emoji symbols are strung together, we don’t have a reliable way of interpreting their meaning.” (In 2017, an Israeli judge had to decide if one emoji-filled message constituted a verbal contract) [Eric Goldman]
Harbinger customers are customers who buy products that tend to fail. They group together, forming harbinger zip codes. If households in those zip codes buy a product, it is likely to fail. If they back a political candidate, they are likely to lose the election. [Simester, Tucker & Yang]
Baijiu is the world’s most popular spirit, with 10bn litres sold each year, almost entirely in China. The second most popular spirit in the world is vodka, with just 5bn litres sold. [Feyi Fawehinmi]
A Python script, an Instagram account and quite a bit of free time can get you free meals in New York City. [Chris Buetti]
At least three private companies have fallen victim to ‘deep fake’ audio fraud. In each case, a computerised voice clone of the company CEO “called a senior financial officer to request an urgent money transfer.” [Kaveh Waddell, Jennifer A. Kingson]
Drunk shopping could be a $45bn /year industry, and only 6% of people regret their drunk purchases. [Zachary Crockett]
Placebos are so effective that placebo placebos work: A pain cream with no active ingredients worked even when not used by the patient. Just owning the cream was enough to reduce pain. [Victoria Wai-lanYeung]
Since the 1960s, British motorways have been deliberately designed by computer as series of long curves, rather than straight lines. This is done for both safety (less hypnotic) and aesthetic (“sculpture on an exciting, grand scale”) reasons. [Joe Moran]
Between 1880 and 1916, Ireland had its own timezone, which was 25m 21s behind Greenwich Mean Time. After the Easter Rising, the House of Commons in London introduced GMT in Ireland and abolished Dublin Mean Time [Elena Goukassian]
Drug names are changing: X and Z names (Prozac, Seroxat) are giving way to names ending in O or A (Natesto, Qsymia) which are more appealing to speakers of Romance languages in Europe and South America. [Pascaline Faure]
The UK male suicide rate is the lowest since accurate records began in 1981. [Office for National Statistics]
The goal of walking 10,000 steps per day may have originated when a Japanese pedometer manufacturer noticed that the 万 symbol (which means 10,000) looks a little like someone walking. The actual health merits of that number ‘have never been validated by research.’ [Amanda Mull]
People hate asking sensitive questions. However, it turns out that people don’t hate being asked sensitive questions. So talking around difficult questions in research interviews is a waste of time and money. [Hart, VanEpps, Schweitzer]
The Korean Police force includes five labradors who are clones of ‘Quinn’, a bomb-sniffing dog who found fame after finding a missing girl’s body in a 2007 kidnapping. [Kim Tong-hyung]
As mobile phones became mainstream in the US in the early 1990s, the murder rate fell sharply. Street drug dealing became less popular, so gang-related turf wars were less common. (Other factors were also involved, obviously.) [Alexis C. Madrigal]
Mechanical devices to cheat your phone pedometer (for health insurance fraud or vanity) are now all over AliExpress. [Matthew Brennan]
In 2017 Google and Facebook lost $100 million between them to one scammer who sent them fake invoices. [Jeff John Roberts] [found by TomBot*]
Teenagers with acne get higher marks, are more likely to complete college and, if female, eventually get paid more than people without teenage acne. [Hugo M. Mialon & Erik T. Nesson]
72% of classical musicians have taken beta blockers for performance anxiety. [Composed]
Black women in the United States die in childbirth at roughly the same rate as women in Mongolia. [Annie Lowrey]
Sometime in the 1990s, it seems the US forgot how to make a critical component of some nuclear warheads. [Nick Baumann]
“Mushrooms and truffles are fungi, more closely related to humans than they are to plants.” [Lynne Peskoe-Yang]
In the US Northwest, rain can damage the fruit on cherry trees. So helicopter pilots are paid to fly over the orchards, using their downdraft to dry the fruit as it ripens. For the pilots, it’s a risky but potentially profitable job. [Maria Langer]
Gravitricity is a Scottish startup planning to store energy by lifting huge weights up a disused mine shaft when electricity is cheap, dropping them down to generate power when it is expensive. Using a 12,000 tonne weight (roughly the weight of the Eiffel tower), it should be half as expensive as equivalent lithium ion battery. [Jillian Ambrose]
Spotify pays by the song. Two three minute songs are twice as profitable as one six minute song. So songs are getting shorter. [Dan Kopf]
Fashion++ is a Facebook-funded computer vision project that looks at a photo of your outfit and suggests ‘minimal edits for outfit improvement’ like tucking in a shirt or removing an accessory. [Wei-Lin Hsiao & co] (In 2019, Fluxx helped launch Vogue Business.)
Three million students at US schools don’t have the internet at home. [Michael Melia & co]
No babies born in Britain in 2016 were named Nigel. [Jonathan Ore] (Correction: Robert Colvile, who broke the original story, points out that there could have been one or two Nigels in 2016 — the ONS only reports names with three or more examples)
Using machine learning, researchers can now predict how likely an individual is to be involve in a car accident by looking at the image of their home address on Google Street View. [Kinga Kita-Wojciechowska]
In 2018, the Nigerian government spent more on subsidies for petrol than on health, education, or defence. [Andrew S Nevin]
According to WaterAid research, women spend 97 billion hours a year looking for a safe place to go to the loo. That equals 46 million working years, which is the same workforce as Germany, the fourth largest economy in the world. [Caroline Criado Perez via Tanya Gold]
28% of people like the smell of (their own) urine after eating asparagus.[Rolf Degen]
AliBaba is investing $15m to research Chinese dialects, hoping to improve the performance of their voice recognition systems. [Emma Lee]
At least half of the effort of most AI projects goes on data labelling, and that’s often done in rural Indian villages. [Anand Murali]
Worldwide, growth in the fragrance industry is lagging behind cosmetics and skincare products. Why? ‘You can’t smell a selfie’. [Andrea Felsted and Sarah Halzack]
CD sales still make up 78% of music revenue in Japan (compared with less than 30% in the UK). Japanese pop fans have been encouraged to buy multiple copies of their favourite releases to win rewards (buy 2,000 copies, win a night at a hot spring with your favourite star). One 32 year-old fan was charged with illegally dumping 585 copies of a CD on the side of a mountain. [Mark Mulligan] [found by TomBot*]
Two disgruntled game developers wrote a script to generate and release identical but differently-named slot machine apps (sample names: Deer Antler Spray Slots, 3D Ravioli Slots). Eventually, the slot machine apps earned them $50,000. [Alex Schwartz & Ziba Scott]
80% of prisoners released late 2018 in a presidential pardon have opted to return to Kinshasa’s infamous Makala jail due to lack of means to live. [Olivier Kalume]
Disco, a Japanese high tech manufacturing company, has introduced an internal billing and payment system, where every cost is charged back to workers. Renting a conference room costs $100. “People really cut back on useless meetings,” says one staffer. [Yuji Nakamura & Yuki Furukawa]
A man who bought the personalised number plate NULL has received over $12,000 of parking fines, because the system records ‘NULL’ when no numberplate has been recorded. [Jack Morse]
The islands of Orkney generate 120% of their energy needs using wind and solar. However, 57% of homes in Orkney are in fuel poverty, where a household spends more than 10% of income on fuel. [Chris Silver] (This year I worked briefly with Community Energy Scotland on a project with Energy Systems Catapult)
Some blind people can understand speech that is almost three times faster than the fastest speech sighted people can understand. They can use speech synthesisers set at at 800 words per minute (conversational speech is 120–150 wpm). Research suggests that a section of the brain that normally responds to light is re-mapped in blind people to process sound. [Austin Hicks & R Douglas Fields]
SpottedRisk is a disgrace insurance company built on data: “Firstborns are at slightly higher risk of disgrace, as are those… who’ve suffered recent breakups — until the passage of time sends the bereft partner back down the ‘risk-decay curve.’” [Boris Kachka]
SDAM (Severely Deficient Autobiographical Memory) is a rare syndrome where otherwise healthy, high-functioning people are unable to remember events from their own life. There is also an exhausting syndrome called Highly Superior Autobiographical Memory, where people can remember precise details about every single day of their life. [Palumbo & Alain]
“Polling by phone has become very expensive, as the number of Americans willing to respond to unexpected or unknown callers has dropped. In the mid-to-late-20th century response rates were as high as 70%… [falling to] a mere 6% of the people it tried to survey in 2018.” [The Economist]
In 2012, only one sports team (Manchester United) was worth more than $2bn. Today, there are 52 sports teams worth more than $2bn. [Kurt Badenhausen]
Flamin’ Hot Cheetos were invented by a cleaner at a Frito-Lay factory. He’s now VP of multicultural sales for PepsiCo America. [Zachary Crockett]
Six reluctant Chinese hitmen who hired each other to carry out a murder went to jail when their outsourcing scheme collapsed. [Eric Cheung]
Fast fashion is hitting the wiping rags businesses, because some clothing is just too badly made to be sold as rags. [Adam Minter] (In January, Fluxx worked with Fibretrace to develop new ways to make the circular economy work in fashion.)
Asking ‘What questions do you have for me?’ can be dramatically more effective than ‘Any questions?’ at the end of a talk. (Many more good tips in this thread. [Jacqueline Antonovich]
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Tesla might get into the mining business to secure minerals for electric batteries
Tesla might get into the business of mining minerals used in electric vehicle batteries if it wants to expand its product lineup and scale production, CEO Elon Musk said during the company’s annual shareholder meeting.
The comments came after Musk talked about plans for an electric pickup truck and an aim to begin production of its all-electric Class 8 semi truck by the end of 2020. He said those plans were dependent on Tesla’s ability to manufacture a lot of lithium-ion battery cells.
“There’s not much point in adding product complexity if we don’t have enough batteries,” he said. “That is complexity, but without gain.”
Tesla’s massive factory in Sparks, Nevada was built to expand global battery capacity, and in turn reduce the cost of electric vehicles. The plant, called Gigafactory 1, produces Model 3 electric motors and battery packs, in addition to Tesla’s energy storage products, Powerwall and Powerpack. Panasonic, its most important partner as a supplier and partner in that project makes the cells. Tesla then uses the cells to make battery packs for its electric vehicles.
For now, Tesla plans to match product rollout with scaling of factory production. Once Tesla increases production to a “very high level,” it will “look further down the supply chain and get into the mining business, I don’t know, maybe a little bit at least,” Musk exclaimed.
“We will do whatever we have to do to ensure that we can scale at the fastest rate possible,” he added.
Concern about the supply of nickel, copper, lithium and related minerals used in electric batteries is not new. Last month, Tesla’s head of minerals procurement said during a closed meeting at an industry conference that the company expects global shortages of nickel, copper and lithium in the near future, Reuters reported.
While much of the attention has focused on lithium supplies, copper and nickel are also vulnerable. Years of underinvestment have depleted copper supplies, prompting companies like Freeport-McMoRan to expand in the United States and Indonesia.
It’s possible that Tesla will focus on nickel mining, a mineral that Musk has pushed the company to use more of in lieu of cobalt.
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Flow Battery Market Research Report Analysis, Demand 2023
Market Research Future published a research report on “Flow Battery Market Research Report-Global Forecast till 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast Report to 2023.
Market Scope
The flow battery market 2020 can attain an outstanding growth rate of 30.68% between 2018 and 2023 (assessment period), says Market Research Future (MRFR). We will provide covid-19 impact analysis with the report. The report offers the latest developments in the flow battery market induced by the novel coronavirus outbreak in the early half of 2020.
Growth Inducers and Key Deterrents
The impact analysis on COVID-19 has been performed by MRFR, which reveals that the oil and gas industry can be profoundly affected by the plummeting demand and the crashing prices of power worldwide. Taking into account the long-term impact of COVID-19, most of the leading companies are presently working on bringing down the costs of protecting their assets, and are also putting in efforts to ensure uninterrupted operations to control the revenue loss. While the world is busy trying to achieve a COVID-19 breakthrough, the lockdown situation has managed to restrain the movement of materials across energy and power plants. The short term impact in line with the current lockdown situation has led to a massive decline in the investment capacity along with a drop in power prices in the face of political uncertainty, suggests the COVID-19 analysis by MRFR.
Flow batteries are reliable components that are extensively used to store energy. In the wake of increasing technological innovations, there has been a notable shift towards renewable energy as well as its storage devices. The trends are projected to favor the Flow Battery Market in the coming years. Also, economic growth in conjunction with the rising number of infrastructure projects could boost the demand for storage devices, leading to better market growth flow batteries in the approaching years.
The ongoing research and development activities to facilitate technical development are expected to bring down the cost and also address the needs of various other industries. This could mean excellent business prospects for the flow batteries market, with the increasing preference for storage systems like lithium-ion batteries. The demand for flow batteries can also surge since electrolyte accounts for close to one-third of the total battery cost. Further, partnerships between renowned companies can also be instrumental in facilitating production scalability and boosting consumer reach within the flow batteries industry. Players are constantly entering into supply chain agreements in an attempt to develop a highly integrated supply chain network with respect to distribution, sale as well as manufacturing of flow batteries.
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Prominent Competitors
Prominent competitors in the flow battery industry include Redflow Limited (Australia), Schmid (Germany), ViZn Energy Systems. (US), EnSync Energy Systems (US), Primus Power (US), Elestor (Europe), redT energy plc. (UK), Gildemeister Energy Solutions (Austria), ESS Inc. (US), Sumitomo Electric Industries, Ltd. (Japan), to list a few.
Latest News
May 2020
Schmid JV is all set to start the construction of the 3GWh Saudi Arabia flow battery factory in 2020, following the partnership with Nusaned, a Saudi Arabian investment company. The focus will be mostly on the development of the vanadium redox flow battery technology and its manufacturing across the country.
Market Segmentation
As per the flow battery market forecast by MRFR, the primary segments listed in the report are product type, material type, storage type and application.
Redox and hybrid are the primary product types discussed in the market review. Redox is the dominant segment in the market, given its reliability and flexibility in energy storage applications across grid operations and power stations.
The material types covered in the study include vanadium as well as zinc-bromine.
Storage types analyzed in the report are large scale and compact. Industrial and commercial utilities make extensive use of large-scale storage devices as they are highly efficient when used in a variety of operations.
The applications of flow batteries include utilities, defense, industrial & commercial segments, and others. The lead has been claimed by the commercial segment and can even attain the fastest expansion rate in the years to come.
Get Full Access to this Report @ https://www.marketresearchfuture.com/reports/flow-battery-market-6620
Regional Study
The study comprises estimation of the flow battery market size across primary regions of Europe, MEA or the Middle East and Africa, North America and APAC or Asia Pacific.
As of 2017, the most successful market for flow battery had been North America and it is expected that the region can very well maintain its winning streak throughout the conjectured period. More and more private customers are striving to curb energy costs, which has resulted in the introduction of a number of residential storage solutions. Commercial and residential properties are increasingly deploying energy storage within their building plans, which can induce growth of the flow battery market. The rising energy cost is also leading to higher spending on technologies that are more affordable and efficient; as a result of which the energy storage technology is now a sought after commodity in the residential sector. This factor can be an emerging opportunity that can boost the flow battery market share across North America. Post SARS-CoV-2 outbreak, the regional market has faced a mild roadblock. But, given the expansive industrial base and strong financial status, there is a strong possibility of rapid recovery in the coming years.
Emerging countries such as India, Japan and China in the APAC market are constantly modifying their energy policies to ensure that a substantial portion of the energy generated comes from renewable energy resources like solar and wind. The growing interest in renewable energy sources in light of the deteriorating environmental health is a prevalent trend that can benefit the glow battery market. Financial backing from the government and rising investments in development of flow battery can be a notable growth inducer in the regional market, despite the economic loss induced by the corona pandemic.
Table Of Content
Publisher Report Introduction
Market Overview
Product Details
Sales Assessment
Patent Details
Global Manufacturers Assessment
Market Competition
Emerging Therapies
SWOT Analysis
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Asia-Pacific Lithium Chemicals Market Latest Trends, Demand And Analysis 2026
Lithium is highly flammable and bursts into crimson colored flames when thrown into the fire. The lithium chemicals are used in wide range of applications. The lithium hydroxide acts as a condenser to produce glasses that are used for industrial applications as lubricants. It is also used in the production of rechargeable batteries especially for electronic gadgets. Increasing demand for lithium chemicals for industrial purposes is helping the Asia-Pacific lithium chemical market to grow in future.
Lithium chloride is a solid substance that has an immense capacity to grasp water and thus it become useful for air-conditioning purposes and as an anti-freezing agent. Lithium is hugely reactive because of its electron configuration. It has a single valence electron in the second shell which is easily released to create new compounds and bonds.
Asia-Pacific lithium chemicals market is projected to register a healthy CAGR in the forecast period of 2019 to 2026.
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Competitive Analysis: Asia-Pacific Lithium Chemicals Market
Some of the major players operating in this market are Albemarle Corporation, Livent, Galaxy Resources Limited, SQM S.A., Orocobre Limited Pty Ltd, SICHUAN BRIVO LITHIUM MATERIALS CO., LTD., Lithium Americas Corp., Pilbara Minerals, Neometals Ltd, Millennial Lithium, Tianqi Lithium Industry Co., Ltd., Nemaska Lithium, Ganfeng Lithium Co, Ltd., Talison Lithium Pty Ltd, Mody Chemi-Pharma Limited, SOVEMA GROUP S.p.A., Altura Mining, Infinity Lithium Corporation Limited, ProChem, Inc International and Critical Elements Lithium Corporation.
Business Expansion:
In August 2018, Neometals Ltd has integrated their lithium business in order to operate Mt Marion Lithium Mine in Western Australia. Mt Marion is a lithium production asset that provides the company with cash flow and an option to off-take lithium product. The move will help the company to access lithium concentrate business in the market.
In March 2018, Livent acquired resources in Argentina and Australia so that they can expand their access to raw materials so that they can able to meet the increasing demand of lithium materials in the market.
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Segmentation: Asia-Pacific Lithium Chemicals Market
Asia-Pacific lithium chemicals market is segmented into four notable segments on the basis of type, grade, application and end-user.
On the basis of type, the market is segmented into lithium carbonate, lithium chloride, lithium hydroxide, lithium fluoride, lithium bromide and others
On the basis of grade, the market is segmented into industrial grade, battery grade and others
On the basis of application, the market is segmented into battery, lubricant, aluminium smelting & alloy, air treatment, medical, glass &ceramics, metallurgy, polymer, greases and others
On the basis of end-user, the market is segmented into industrial, electronics and electricals, transportation, medical, power plants and others.
In January 2019, Pilbara Minerals have signed an agreement with POSCO, a South Korean based steel manufacturing company, in order to increase the production capacity of POSCO’s lithium capacity. Pilbara is planning to expand their mine so as to supply Lithium concentrate to POSCO. With this move, the company will gain a huge name in the market
In August 2019, Altura Mining announces that they had signed an agreement to supply lithium to Chinese battery maker Guangdong Weihua Corp. According to this the company will supply 50,000 dry metric tonnes of lithium concentrate to Guangdong Weihua Corp. Through this the company will be able to expand its product portfolio in the market
In August 2019, SQM S.A. has started committing to meet the challenge of electromobility sustainable center around carbon, water and energy footprints. It will help the company to meet the growing demand of lithium ion batteries in the market
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Research Methodology: Asia-Pacific Lithium Chemicals Market
Primary Respondents: Key Opinion Leaders (KOL’s): Manufacturers, Distributors, Industrial Professionals. Industry Participants: CEO’s, V.P.’s, Marketing/Product Managers, Market Intelligence Managers and, National Sales Managers.
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India Lithium-ion Energy Storage Solution – Market Insights and Trend Research Report 2024
Market Reports on India Provides the Trending Market Research Report on ” India Lithium-ion Energy Storage Solution Market By Type (Off-Grid and On-Grid), By End User (Stationary, Industrial, Solar, Residential, Wind, Power Plants and Others), Competition Forecast & Opportunities, 2016-2024” under Energy category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
India Lithium-Ion Energy Storage Solution Market was valued at around $ 10 million in 2018 and is forecast to grow at a staggering CAGR of more than 40%, to surpass $ 160 million by 2024. Anticipated growth in the market can be attributed to increasing demand for energy storage solutions in renewable energy sector, power plants, BFSI, retail, etc., in India. Moreover, Government of India is planning to incentivise the production of Lithium-ion batteries in India, which is likely to help in the setting up of Lithium-ion battery manufacturing units in the country over the next five years. This would result in domestic production of Lithium-ion energy storage solutions in India, which would have a huge positive impact on the market in the coming years. Moreover, the declining prices of lithium-ion batteries and advantages of lithium-ion batteries over other battery types such as lead-acid are further propelling the India Lithium-ion energy storage solution market.
Request a free sample copy of India Lithium-ion Energy Storage Solution Market Report @ http://www.marketreportsonindia.com/marketreports/sample/reports/1303612 Years Considered for this Report: Historical Years: 2016-2017 Base Year: 2018 Estimated Year: 2019 Forecast Period: 2020–2024
Objective of the Study:
The primary objective of the study is to understand and gain insights about India Lithium-ion Energy Storage Solution market and its segmental analysis by type, by end user and by regional share.
To estimate and forecast market size of India Lithium-ion Energy Storage Solution market.
To categorize and forecast India Lithium-ion Energy Storage Solution market by type – On-Grid and Off-Grid.
To categorize and forecast India Lithium-ion Energy Storage Solution market by end user – solar, power plants, stationary, wind, industrial, residential and others.
To categorize and forecast India Lithium-ion Energy Storage Solution market by regions – North, East, West and South.
To perform strategic analyses such as SWOT, PESTLE and Porter’s Five Forces of India Lithium-ion Energy Storage Solution market.
To profile major companies operating in India Lithium-ion Energy Storage Solution market.
Few of the major players operating in India Lithium-ion Energy Storage Solution market include Sterling and Wilson Pvt. Ltd., Panasonic India Pvt. Ltd., Exicom Power Solutions, AES India Pvt Ltd., ACME Cleantech Solutions Private Limited, Delta Electronics India Pvt. Ltd., Amplus Solar, LG Chem, NEC Technologies India Private Limited and Coslight India Telecom Pvt. Ltd.
To analyze and forecast India Lithium-ion Energy Storage Solution market, both top-down and bottom-up approaches have been used. Multiple employees from the leading companies have been interviewed through telephonic conversations to extract and verify the information being collected at source. A brief study of the major players operating in India Lithium-ion Energy Storage Solution market was also undertaken, which included analysis of information such as ongoing installation projects, followed by the details of expected year of commissioning and estimated investments of various projects in India.
Moreover, detailed and in-depth scrutiny of information was done to understand each policy or external or internal factor which could increase or decrease the demand for Lithium-ion Energy Storage Solutions in India. To extract data, primary surveys were conducted with key players and stakeholders in the industry. The future plans of major players were studied and projects which have commissioned in the country were identified.
Various secondary sources such as white papers and secondary literature on Lithium-ion Energy Storage Solution, Ministry of New and Renewable Energy, Ministry of Statistics & Programme Implementation, Ministry of Power, Central Electricity Authority, Indian Energy Storage Alliance, Lithium-ion Energy Storage Solution Companies’ Annual Reports, International Monetary Fund and World Bank were also studied by Our Research.
Key Target Audience:
Lithium-ion Energy Storage Solution manufacturers, suppliers, distributors and other stakeholders
Government bodies such as regulating authorities and policy makers
Organizations, forums and alliances related to Lithium-ion Energy Storage Solution market
Major end users of Lithium-ion Energy Storage Solutions
Market research and consulting firms
The study is essential in delivering useful information to industry stakeholders such as Lithium-ion Energy Storage Solution manufacturers, suppliers and other stakeholders. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities in specific market segments and geographies.
Report Scope: In this report, India Lithium-ion Energy Storage Solution market has been segmented into the following categories in addition to the industry trends which have also been listed below:
Market, By Type: On-Grid Off-Grid
Market, By End User: -Solar -Power Plants -Stationary -Wind -Industrial -Residential -Others Market, By Region: -North -East -West -South
Market Share, By State: Haryana Uttar Pradesh Tamil Nadu Maharashtra Karnataka Andhra Pradesh Gujarat Rajasthan Telangana Madhya Pradesh Bihar Punjab Uttarakhand Odisha Delhi Others
Market, By Company: Sterling and Wilson Pvt. Ltd. Panasonic India Pvt. Ltd. Exicom Power Solutions AES India Pvt Ltd. ACME Cleantech Solutions Private Limited Others
Competitive Landscape Competitive Benchmarking: Benchmarking of leading 10 players on the basis of end user.
Company Profiles: Detailed analysis of the major companies present in India Lithium-ion Energy Storage Solution market.
Available Customizations: With the given market data, Our Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information Detailed analysis and profiling of additional market players (up to five).
Browse our full report with Table of Contents : http://www.marketreportsonindia.com/marketreports/india-lithium-ion-energy-storage-solution-market-by-type-off-grid-and-on-grid-by-end-user-stationary-industrial-so/1303612 About Market Reports on India: Market Reports on India is an excellent source to obtain top quality market research reports that helps you to understand the business in the Indian market. We cover various industries, identifying and understanding key macro and micro-economic trends, insights and futuristic growth opportunities. To help achieve all this and more, Market Reports on India is the answer to all your business needs.
Contact us at: Market Reports on India Tel: +91 22 27810772 / 27810773 Email: [email protected] Website: www.marketreportsonindia.com Follow us on : Twitter, Facebook, LinkedIn
#india lithium-ion energy storage solution market analysis#india lithium-ion energy storage solution industry
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Prepaid Battery Recycling Market Poised for Steady Growth in the Future 2019 – 2027
Prepaid Battery Recycling Market: Introduction
Battery recycling process can be defined as a reprocessing practice aimed to reduce the number of batteries being disposed as municipal solid waste
These batteries contain several poisonous chemicals and heavy metals. Disposal of these batteries as regular trash deteriorates the ground water and causes contamination of the soil.
Battery recycling units sort batteries according to their type, chemistry, and size. They provide end-of-life management of batteries, from collection to recycling, in a compliant manner with respect to the environmental regulations.
Prepaid battery recycling can be considered a prepaid service, wherein scrap batteries are recycled in prepaid recycling facilities. By-products derived from the battery recycling process are further utilized in different industries such as electric vehicles and mobile phone manufacturing.
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Key Drivers of Prepaid Battery Recycling Market
Lead acid batteries have been accounting for major share of the prepaid battery recycling market since the last few years. More than 50% of the lead supply comes from recycled batteries. Automotive industries have contributed significantly to the battery recycling market, as lead is used in a number of car components including lead wheel weights, solder in electronics, and lead car batteries. Thus, an increase in quantity of lead is expected to be required due to the growth of the automobile sector. This is anticipated to drive the prepaid battery recycling market.
The global drive to replace existing petrol and diesel vehicles with new electric vehicles (EV) has been experiencing significant growth since the last few years. According to a Canada-based battery recycling startup Li-Cycle, the transition toward electric vehicle could leave 11 million tons of spent lithium-ion batteries for recycling by the end of 2030. This is estimated to create ample opportunities for new entrants in the prepaid battery recycling market.
Stringent environmental regulations imposed by local and national governments around the world for disposal and reuse of batteries have spurred the need of prepaid battery recycling
Increase in extraction of raw materials such as iron, lead, copper manganese, nickel, and chromium is also boosting the demand for prepaid battery recycling services
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Restraints of Prepaid Battery Recycling Market
Many underdeveloped countries have opened dedicated recycling units of late. This has limited the supply of batteries for prepaid recycling in developed countries.
Unorganized recycling of batteries through manual labor, lack of usage of personal protective equipment (PPE) while carrying lead, and lack of awareness about disposal methods are expected to hinder the prepaid battery recycling market
Major Developments
On November 07, 2019, TES, an electronic waste recycling company operating in Singapore, opened two new battery recycling units. According to the company, these units are expected to offer the highest commodity recovery rates in the recycling industry for lithium, cobalt, copper and aluminum.
On March 2019, Volkswagen announced that it is opening a new pilot recycling project near its global headquarters in Wolfsburg, Germany. The project will start by end of year 2020. The company also revealed that the plant intake would be around 1,200 tons of used automotive lithium ion battery packs a year. Volkswagen aims to recycle almost 97% of all the raw materials used in the battery packs over the next 10 years. This move is anticipate to help the company drive the sale its new EVs.
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Asia Pacific Expected to Offer Major Potential for Global Prepaid Battery Recycling Market
Based on region, the global prepaid battery recycling market can be classified into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa
Asia Pacific continues to be the key dominant region of the prepaid battery recycling market in terms of generation of scrap batteries. It is expected to offer lucrative opportunities for new entrants, as China alone produces more than 3.3 million tons of waste lead and other batteries ever year. China recycled around 67,000 tons of waste lead batteries at its dedicated battery recycling units in 2018.
Various industrial leaders such as Tata Chemicals and Mahindra Electric plan to enter the recycling market. These companies plan to set up recycling units in the near future. Most of the lead in India is imported from South Korea and the U.S. According to a recent market research report, India is estimated to account for recycled lithium-ion battery capacity of 23GWh by the end of 2030.
Recycling is carried out as a waste disposal activity in North America and Europe. Companies are paid to recycle their own waste products.
The prepaid battery recycling market in Middle East & Africa is expected to expand due to the expansion in automotive and industrial sectors in the region. Most OEM companies prefer branded batteries; however, unorganized players are predominant in the replacement market.
Key Players Operating in Prepaid Battery Recycling MarketMajor players operating in the global prepaid battery recycling market include:
Veolia
Battery Solutions
Umicore
uRecycle
Retriev Technologies
Gravita India Ltd.
Exide Technologies
East Penn Manufacturing
ENERSYS
COM2 Recycling Solutions
ENGITEC TECHNOLOGIES
Vinton Batteries
The Doe Run Company
Johnson Controls
Global Prepaid Battery Recycling Market, by Product type
Lead Acid
Lithium Ion
Nickel Cadmium
Nickel-Metal Hydride
Others
Global Prepaid Battery Recycling Market, by Application
Material Extraction
Reuse or Second Life
Disposal
Others
Global Prepaid Battery Recycling Market, by Source
Consumer Electronics
Automotive
Industrial
Marine
Others
Global Prepaid Battery Recycling Market, by Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
U.S.
Canada
Germany
France
U.K.
Italy
Spain
Russia & CIS
Rest of Europe
China
Japan
India
ASEAN
Rest of Asia Pacific
Brazil
Mexico
Rest of Latin America
GCC
South Africa
Rest of Middle East & Africa
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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Tesla might get into the mining business to secure minerals for electric batteries
Tesla might get into the business of mining minerals used in electric vehicle batteries if it wants to expand its product lineup and scale production, CEO Elon Musk said during the company’s annual shareholder meeting.
The comments came after Musk talked about plans for an electric pickup truck and an aim to begin production of its all-electric Class 8 semi truck by the end of 2020. He said those plans were dependent on Tesla’s ability to manufacture a lot of lithium-ion battery cells.
“There’s not much point in adding product complexity if we don’t have enough batteries,” he said. “That is complexity, but without gain.”
Tesla’s massive factory in Sparks, Nevada was built to expand global battery capacity, and in turn reduce the cost of electric vehicles. The plant, called Gigafactory 1, produces Model 3 electric motors and battery packs, in addition to Tesla’s energy storage products, Powerwall and Powerpack. Panasonic, its most important partner as a supplier and partner in that project makes the cells. Tesla then uses the cells to make battery packs for its electric vehicles.
For now, Tesla plans to match product rollout with scaling of factory production. Once Tesla increases production to a “very high level,” it will “look further down the supply chain and get into the mining business, I don’t know, maybe a little bit at least,” Musk exclaimed.
“We will do whatever we have to do to ensure that we can scale at the fastest rate possible,” he added.
Concern about the supply of nickel, copper, lithium and related minerals used in electric batteries is not new. Last month, Tesla’s head of minerals procurement said during a closed meeting at an industry conference that the company expects global shortages of nickel, copper and lithium in the near future, Reuters reported.
While much of the attention has focused on lithium supplies, copper and nickel are also vulnerable. Years of underinvestment have depleted copper supplies, prompting companies like Freeport-McMoRan to expand in the United States and Indonesia.
It’s possible that Tesla will focus on nickel mining, a mineral that Musk has pushed the company to use more of in lieu of cobalt.
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