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IEA Bat­tery Report: Bat­te­ries as the key to the energy tran­si­tion

At the end of April, the Inter­na­tio­nal Energy Agency (IEA) published a land­mark report on bat­te­ries. It pro­vi­des a com­pre­hen­sive over­view of the cur­rent bat­tery mar­ket, gives insights into medium to long-term trends and iden­ti­fies areas that require poli­ti­cal atten­tion.

BVES

27.04.2024

Ger­many’s Energy Sto­rage Sys­tems Asso­cia­tion (BVES) was the only asso­cia­tion from Ger­many invol­ved and con­tri­bu­ted its exper­tise to the editing of the report and reviewed the working ver­sion of the report.

The key takea­ways from the report include:

  • Role of bat­te­ries: The report empha­si­ses the important role that bat­te­ries play along­side rene­wa­ble ener­gies as a com­pe­ti­tive, safe and sus­tainable alter­na­tive to energy gene­ra­tion from fos­sil fuels.
  • Poten­tial: It high­lights the sca­ling poten­tial and ver­sa­ti­lity of sto­rage sys­tems that can con­tri­bute to the inte­gra­tion of rene­wa­ble ener­gies and to ensu­ring a relia­ble sup­ply of elec­tri­city.
  • Growth of the bat­tery mar­ket: The report empha­si­ses the incre­asing growth poten­tial of the bat­tery mar­ket due to fal­ling pri­ces and rising demand in the energy tech­no­logy sec­tor.
  • Appeal to poli­ti­ci­ans: The IEA urges poli­ti­cal decis­ion-makers to remove bar­riers to sto­rage and to take poli­ti­cal mea­su­res to pro­mote the deve­lo­p­ment and use of bat­tery tech­no­lo­gies.

The BVES has a long-stan­ding co-ope­ra­tion with the IEA. In Febru­ary 2024, BVES Mana­ging Direc­tor Urban Win­delen and Vice Pre­si­dent Dr Andreas Hauer were per­so­nally invi­ted to the high level work­shop in Paris for the deve­lo­p­ment of stra­te­gic gui­de­lines for this ana­ly­sis.

You will find the report on the IEA web­site

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