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The future of Energy Storage and why we think that one won’t rule them all

Apr 07, 2022

The future of Energy Storage and why we think that one won't rule them all

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FROM FINITE TO INFINITE AND HOW TO ENGAGE THE MARKET?

In the coming decades, fossil fuels will become history and electrical drive trains together with renewable energy sources will take their place. As an effect of this, we see opportunities in two fields of innovation within the energy storage space. The first is related to the need for energy storage devices to support the electrification of vehicles; and the second to the need for grid-level storage devices and smart systems to balance supply and demand between the unreliable generation of energy from sun and wind on the one hand and the increasingly complex grid architecture on the other. However, we believe that the parameters that will drive success in these two fields are quite different. Within mobile storage, improving energy density, charging speed and convenience, and the ability to scale supply will be important factors. For grid-storage, decreasing the cost of energy storage will likely be the greatest driver.

In times of chip shortage, a quality alternative can help you grab the market one step ahead. This is exactly what BQC does for its customers. We have a strong R&D team and procurement engineering team to provide customers with long-term and stable supply by providing high-quality and in-depth alternative solutions. We are always looking for global partners to develop energy storage projects together. The goal is to achieve a win-win situation.