RMI: Global battery capacity will reach 9 TWh annually by 2030
Jeff St. John · The storylines of the energy transition in 2023 · Dec 22, 2023 · at 18:07
Jeff St. John summarizes an RMI analysis regarding global battery manufacturing forecasts and clean energy transition targets.
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“They Are estimating that there's going to be global capacity of nine terawatt hours of batteries, lithium ion batteries per year by 2030. That's a kilowatt hour for every person on the planet. And they are estimating that just those batteries will surpass the production capacity of wind and solar, and maybe get us to over 60% of our energy related emissions reductions that we need to hit by 2030”
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