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Alternative BESS technologies growing in prominence 2024 looks likely to become the peak year for lithium-ion market share within BESS, set to reach 92%. In the coming years, this percentage is set to fall as alternative technologies start to be deployed at greater volumes. Sodium-ion and vanadium flow batteries are the most advanced of these alternative technologies, with activity almost entirely focused in China for now. Other technologies like zinc-flow, metal-air have potential to become prominent for longer duration, whereas technologies like zinc-ion can be used for high power applications and UPS. Our latest BESS Quarterly Outlook highlights presentation focuses on alternative battery technologies in more detail, considering technology readiness level and best-fit application. To view the full presentation, click here: https://bit.ly/3AhxgxG #battery #BESS #batterystorage #energytransition #RhoMotion

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