Advanced Energy Storage & Hydrogen: Breakthroughs and Beyond Dr Alex Holland - Principal Technology Analyst, IDTechEx Conrad Nichols - Technology Analyst, IDTechEx Chingis Idrissov - Technology Analyst , IDTechEx Originally Broadcast November 2023 Downloaded by Muhammad Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 1 Energy Storage Agenda − Li-ion trends and advancements − Recycling and second-life − Important alternatives beyond Li-ion − Clean hydrogen − Concluding remarks @IDTechEx Downloaded by Muhammad Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 2 Energy Storage How IDTechEx Helps Its Customers Supporting you at each crucial decision making step Reports Subscriptions Consulting Technology appraisal Market opportunity & requirements Commercialization strategy, partnership Product launch & marketing Ongoing analysis & trends Benchmarking Scouting Profiling Market sizing & forecasting End-user needs Strategy guidance Introductions Showcase your products Timely analysis & data Downloaded by Muhammad Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 3 Energy Storage IDTechEx Subscriptions IDTechEx data at your command: • • • • • • • • Research reports Company profiles Technology analysis Forecasts Event highlights Research Summaries Company slideshows Analyst access time, briefings & strategic advisory sessions www.IDTechEx.com/Subscriptions Our extensive knowledgebase & analysts work to support your business growth Downloaded by Muhammad Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 4 Energy Storage IDTechEx Energy Subscription Downloaded by Muhammad Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 5 Energy Storage Li-ion Trends and Advancements Section title Downloaded by Muhammad Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 6 Energy Storage Growth in Demand Driven by Electric Vehicles Downloaded by Muhammad Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 7 Energy Storage What is a Li-ion Battery? Aluminium Cathode Polyolefin separator Graphite anode Copper Li-ion cell Anode: Graphite Cathode: Lithium cobalt oxide (LCO) Nickel manganese cobalt/aluminium oxide (NMC/NCA) Lithium iron phosphate (LFP) Energy density: 600 Wh/l, 250 Wh/kg Cycle life: 1000 cycles Charge rate: 1-2C Cost: $100/kWh Downloaded by Muhammad Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 8 Energy Storage LCO, LMO, NMC, NCA, NCMA, LFP, LMFP… Chemistry Choices Continue to Expand Downloaded by Muhammad Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 9 Energy Storage LFP Share Increasing (Slowly Outside China) Driven by Cost Pressures Europe and North America dominated by NMC and NCA with shift toward mid-nickel, then high-nickel variants. LFP the most widely used chemistry in China. Though there was a small unexpected drop in 2022 from 2021, the share of LFP use is still expected to grow due to cost and safety pressures and improvements to pack-level energy density. Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 10 by Muhammad Energy Storage Cost Is a Key Consideration for Cathode Choices and Development Manganese-rich cathodes. Recent increase in activity driven by costperformance trade-off requirements. LMR-NMC cathodes could lead to cost reductions of ~10% compared to NMC 811 at the cell level. LMFP to enter market alongside other cathode chemistries including manganese-rich and highvoltage LNMO. Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 11 by Muhammad Energy Storage Anode Materials a Key Lever for Increasing Energy Density Incumbent anode: graphite Capacity: 372 mAh/g, 830 mAh/cm3 Future anode: silicon Capacity: 3590 mAh/g, 2190 mAh/cm3 High capacity. Can be made much thinner than graphite. Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 12 by Muhammad Energy Storage Funding for Silicon Anodes Continues Cumulatively, funding into silicon anode start-ups and companies has exceeded US$4 billion since 2010 Over US$1 billion in 2021 and 2022 each. Investment in 2023 has slowed significantly –high level of previous investment, slow global economic growth and high borrowing costs likely to be contributing factors. Funding continuing to be made available to startups and early-stage companies developing silicon anodes. Players building and expanding commercial-scale manufacturing capacity. Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 13 by Muhammad Energy Storage Solid Electrolytes Pursued for Safety and Energy Density Incumbent electrolyte: organic liquid Future electrolyte: solid oxide, sulfide, polymer, hybrid Solid electrolyte Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 14 by Muhammad Energy Storage Location Overview of Major Solid-State Battery Players Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 15 by Muhammad Energy Storage Thoughts on SSBs in the Market Most of the commercialized or to be commercialized batteries equipped in vehicles in near future are not true all solid-state batteries (ASSBs). True ASSBs can take time and they are still pursued by most players. Hybrid SSBs can be a good transition, no matter from value proposition point of view, or marketing point of view EV is still the major market driver, although other markets are easier to realize (there are already niche applications with SSBs) Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 16 by Muhammad Energy Storage Specific Energy and Cell-to-Pack Ratio Shown in the chart is a summary of the cell and pack energy density of 31 top selling BEVs from IDTechEx’s database of currently available cars. Cell-to-pack challenges: Serviceability Mechanical integrity Crash resistance Thermal management Flexibility of application Recycling? Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 17 by Muhammad Energy Storage Simultaneous Improvements to Battery Performance Possible from BMS Development More accurate state estimation can allow a higher SOC range to be safely accessed. Energy density Cost and ROI Optimising battery use to minimise degradation and maximise utility to fleet operators. Battery management system driven improvements Intelligent charge protocols that replace conventional CCCV Fast charge Safety Cycle life improve fault detection and minimise modes of operation that lead to accelerated degradation Usage data can elucidate operational modes that accelerate degradation and performance loss. Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 18 by Muhammad Energy Storage Advanced BMS Activity Source: “Li-ion Batteries and Battery Management Systems for Electric Vehicles 2024-2034” Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 19 by Muhammad Energy Storage Li-ion Battery Recycling, SecondLife and Alternative Energy Storage Technologies Conrad Nichols - Technology Analyst, IDTechEx Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 20 by Muhammad Energy Storage Li-ion Battery Demand and Circular Economy Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 21 by Muhammad Energy Storage Second-life Batteries Section title Second-life Electric Vehicle Batteries 2023-2033 www.IDTechEx.com/SecondLife Sample pages are available for all IDTechEx reports. Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 22 by Muhammad Energy Storage Closer Look at Battery Second Use Value Chain EV owner Battery collector Battery performance modeler/tester Some batteries are procured by testers/modelers solely to develop battery performance models. Battery/EV manufacturer EV owner Battery collector Battery remanufacturer / repurposer Battery second user Batteries are designed and manufactured as EV powertrains. Batteries are used in EVs. Raw material supplier Battery/EV manufacturer Raw material supplier Raw battery materials are exploited. Batteries are retired from EVs and collected by EV/battery manufacturers . Batteries are tested, then repurposed or remanufactured for second use. Batteries are used in second-life applications e.g., energy storage. Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 23 by Muhammad Recycling Batteries are collected and materials are recycled. Energy Storage Depth of Disassembly Cell-level disassembly and rearrangement Pack-level integration Best cells used Bypasses complex disassembly procedures Improves how competitive these systems are with new Li-ion batteries for SES Cheapest form of repurposing Supply side flexibility, can string packs of different designs together Most time consuming and expensive process (reassembly also needed). Performance of system affected by worst performing cell Could damage well-performing cells in the process – losing value Relying on OEM providing packs with pre-specified performance requirements May be leaning more-so on battery analytics to improve system longevity Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 24 by Muhammad Energy Storage Battery Design and Disassembly Lack of EV battery design standardization Not automated, needs manual labor Battery disassembly High level of skill needed Disassembly Times for Different EV Batteries Different times & costs 500 450 400 Time (mins) Could be decreased? 350 300 250 200 150 Cell-to-pack designs Larger cell form factors 100 50 0 Renault ZOE Nissan Leaf Peugeot 208 BAIC BJEV BYD Han Adapted from data from Lander et al., 2023. Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 25 by Muhammad Energy Storage Second-Life Player Activity Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 26 by Muhammad Energy Storage Li-ion Battery Recycling Section title Li-ion Battery Recycling Market 2023 - 2043 www.IDTechEx.com/LIRecycling Sample pages are available for all IDTechEx reports. Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 27 by Muhammad Energy Storage LIB Recycling Technologies Pyrometallurgical Hydrometallurgical End-of-life Li-ion batteries & manufacturing scrap Hydrometallurgical-direct hybrid Direct recycling Recovery of valuable elements (Co, Mn, Ni) Recovery of salt solution for Liion cathode active material synthesis Mixed components (e.g. alloy) Battery-grade salts (e.g. NiSO4) Direct refunctionalization of Li-ion active material Cathode active material (NMC, LCO, LFP, etc.) Mixed metal cathode precursor (e.g. NixMnyCoxOH2) Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 28 by Muhammad Energy Storage Is Recycling Li-ion Batteries Always Economic? Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 29 by Muhammad Energy Storage Recycling Policies and Regulations EU: Battery regulation coming soon into force. China: Various regulations in place for recycling Li-ion batteries. US: Advanced Manufacturing Production Credit through the Inflation Reduction Act. India: Battery Waste Management Rules 2022. Li-ion battery recycling regulations Li-ion battery recycling incentives No explicit Li-ion battery recycling regulations Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 30 by Muhammad Energy Storage Recycling Capacity is Expanding Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 31 by Muhammad Energy Storage Li and Co Material Constraints Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 32 by Muhammad Energy Storage Redox Flow Batteries and Other ES Section title Technologies Redox Flow Batteries Market 2024 - 2034 www.IDTechEx.com/Redox Sample pages are available for all IDTechEx reports. Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 33 by Muhammad Energy Storage Why and When is Longer Duration Energy Storage Needed? Creates greater uncertainty and variability in energy and electricity supply VRE penetration continues to increase Increasing duration of storage requirements with increasing share of variable renewables 30% 25000 25% 20000 20% 15000 15% 10000 10% 5000 5% 0 0% Coal Gas Hydro Oil Solar Wind Other renewables % from renewables Average duration of storage (hours) 30000 % of electricity mix from source/line Global energy generation/area (TWh) Global Electricity Generation by Source 1985-2021 Biofuel Creates demand for LDES technologies to dispatch energy over longer timeframes 20.0 18.0 LDES technologies, e.g., RFBs, starting to be more in demand. 16.0 14.0 12.0 10.0 8.0 6.0 4.0 Li-ion sufficient here. 2.0 0.0 25% 30% 35% 40% 45% 50% 55% 60% 65% 70% 75% 80% 85% 90% Share of variable renewables in final consumer demand in percent Source: IDTechEx, adapted from data from Zerrahn et al., 2018. Source: IDTechEx, adapted from data from IEA Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 34 by Muhammad Energy Storage Alternative Energy Storage Technologies Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 35 by Muhammad Energy Storage RFB Key Components Flowing electrolyte and storage tanks Cell stack Pumps / Balance of Plant Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 36 by Muhammad Energy Storage Energy and Power Decoupling − Electrolyte storage tanks only need increasing to increase storage duration, i.e., power and energy can be scaled independently. − Results in CAPEX only increasing with tank size and electrolyte volume. − As system size increases for Li-ion, CAPEX increases proportionally – makes Li-ion less feasible from an economic perspective for longer duration technologies. Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 37 by Muhammad Energy Storage Example RFB Technologies RFB Zinc-iron Hydrogenbromine Commercial status CAPEX (US$ / kWh) Active material / electrolyte costs Cell voltage vs SHE (V) Gravimetric energy density (Wh/kg) Volumetric energy density (Wh/L) Discharge current (mA/cm2) Energy efficiency (EE) 1.53 50 - 60 >50 35-40 65-70% 1.10 35 12 Unknown 65-75% Potentially early commercial (WeView) 400 Zn/Fe <US$3/kg Electrolyte ~US$15/kWh Late R&D ~550 (~100 targeted) Br <US$5/kg H2 US$12/kg Dendrite formation Power / energy decoupling Electrolyte solubility (mol/L) Harder to prevent Difficult 1 No Yes N/A All vanadium (VRFB) All-iron Key Zinc-bromine Zinc-ferricyanide Organic (ORFB) Hydrogenmanganese Vanadiumbromine Iron-chromium Information for these RFB chemistries can be found in the report. Redox Flow Batteries Market 2024 - 2034 Improving in comparison www.IDTechEx.com/Redox Sample pages are available for all IDTechEx reports Polysulphidebromine Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 38 by Muhammad Data unknown / not relevant due to nascence of or unfeasibility of technology. Energy Storage Concluding Remarks Why? Market Growth Second-life Maximize battery value and delays recycling. Second-life market in nascent stage, many technical considerations and few startups. Expected to grow at slower rate to recycling market. Recycling To extract valuable materials; shielding against supply bottlenecks, price fluctuations and to domesticate supply. Many established players continuing to expand recycling capacities globally. Policies also a driver in key regions. RFBs and other LDES technologies Critical Li-ion material supply constraints and increasing growth of VRE sources will increase demand for other ES / LDES technologies. LDES technologies being developed and commercialized by players globally. Greater demand for LDES likely sooner in key regions, e.g., California, Australia, Europe. Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 39 by Muhammad Energy Storage Overview of the Hydrogen Economy Chingis Idrissov - Technology Analyst , IDTechEx Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 40 by Muhammad Energy Storage What Is the Hydrogen Economy? Natural gas reforming / coal gasification + CCUS Emerging (LH2) Most developed (Pure or blend) Renewable energy + H2O electrolysis • • Least developed At production site (short-term) Off-site (short - & long-term) (LH2 or H2 carriers) Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 41 by Muhammad Energy Storage The Colors of Hydrogen Low-carbon H2 Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 42 by Muhammad Energy Storage Green Hydrogen: Main Electrolyzer Technologies Electrolyte Cathode Anode KOH solution in porous Zirfon diaphragm Polymer (e.g., Aemion) Polymer (e.g., Nafion) YSZ (yttrium stabilized zirconia) Ni alloys (e.g. Raney Ni, NiMoCo, etc) Transition metal-based alloys (but Pt can also be used) Pt/C LSM/YSZ (lanthanum strontium manganite) Ir black, IrOx, or IrRuOx NiO/YSZ AWE and PEMEL will dominate green H2 production over the next decade Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 43 by Muhammad Energy Storage Materials for Green Hydrogen Production 2024-2034 Alkaline Water Electrolyzer (AWE) Cell Components Component Function Incumbent materials Bipolar plate (BPP) Conducts electricity from one cell to another. Provides structural support, cell separation, and channels for electrolyte & gas flow. Stainless or Niplated steel plates with flow channels Electrodes (cathode & anode) Facilitate the electrochemical reactions and mass transport of electrolyte & product gases Act as current collectors. Activated Ni-alloys on perforated stainless steel plate Separator Separates H2 & O2 gases. Conducts OH– ions. Zirfon diaphragm (500 μm) Porous transport layer (PTL) Compress electrodes against diaphragm. Facilitate gas release. Not typically used Gaskets Seals the electrolyzer cell. EPDM, ePTFE Cell frames Component alignment, sealing & structural support. PEEK, HDPE, PPS-40GF End plate Holds the AWE stack together. Stainless or Niplated steel Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 44 by Muhammad Energy Storage Blue Hydrogen: Main Production Technologies Steam-Methane Reforming (SMR) • Incumbent technology • Can be retrofitted with post-combustion CO2 capture Partial Oxidation (POX) Autothermal Reforming (ATR) Turquoise Hydrogen Methane Pyrolysis (e.g. plasma pyrolysis) • Commonly used for onsite hydrogen production, e.g. petroleum refining • Useful for conversion of waste oil feedstocks • Relatively new technology • Combines principles of SMR & POX • Promising & popular for greenfield projects • Promising technology that generates no CO2. • Can use electricity • Hydrogen classified as turquoise Coal (or biomass) Gasification (CG) • Commonly used in power generation and chemical production • Popular in China • Very carbon intensive Natural gas reforming will dominate blue H2 production over the next decade Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 45 by Muhammad Energy Storage Overview of Hydrogen Storage & Distribution Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 46 by Muhammad Energy Storage Overview of Hydrogen End-Use Sectors Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 47 by Muhammad Energy Storage IDTechEx’s Hydrogen Research Portfolio H2 Production Green Hydrogen Production: Electrolyzer Markets 2023-2033 Fuel Cells Materials for PEM Fuel Cells 2023-2033 H2 End-Use Markets Fuel Cell Boats & Ships 20232033: PEMFC, SOFC, Hydrogen, Ammonia, LNG Entire Value-Chain Electric Cars 2023-2043 Hydrogen Economy 2023-2033: Production, Storage, Distribution & Applications Blue Hydrogen Production and Markets 2023-2033: Technologies, Forecasts, Players Solid Oxide Fuel Cells 20232033: Technology, Applications and Market Forecasts Battery Electric & Hydrogen Fuel Cell Trains 2023-2043 Electric and Fuel Cell Trucks 2024-2044: Markets, Technologies, and Forecasts Sample pages are available for all reports available at www.IDTechEx.com. For more information, contact research@IDTechEx.com. Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 48 by Muhammad Energy Storage Contact us to explore how we can support your business. Research: research@IDTechEx.com Section title Europe (UK) Cambridge: +44 1223 812300 Rest of World Asia (Japan): +81 3 3216 7209 USA Boston: +1 617 577 7890 Downloaded Imran Khan - imran.hwu@gmail.com 10 Feb 2024 10:46:10 Copyright © IDTechEx. Use in accordance with distribution licence | www.IDTechEx.com Slide 49 by Muhammad Energy Storage