Author: Anela Dokso

Battery

South Korea’s battery manufacturing sector has emerged as a key player on the global stage, yet its partnership with China’s industrial chain presents both significant opportunities and inherent challenges. As China’s battery industry scales new heights, accounting for over 70% of the global battery production capacity, South Korean manufacturers find themselves at a crucial juncture for collaboration and competition. Highlighting the scope of potential gains, collaborations between South Korean firms and China’s refined industrial chain can lead to optimized production and cost efficiencies. China’s dominance in battery raw materials, specifically its control over more than 60% of the global supply…

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Smart Grid

Market data indicates that 33% of the world’s electricity will be generated from renewable sources by 2028, drawing parallels to the transformation electric vehicles (EVs) could signal for global energy grids—a system traditionally reliant on fossil fuels. Currently, electric vehicles make up a mere 3% of the global car fleet, yet they represent a pivotal shift in energy decentralization. The challenge? Electricity consumption patterns continue to fluctuate, exacerbated by surging EV adoption. The European Union, grappling with the geopolitical necessity of reduced fossil fuel dependency, has prioritized electric vehicle integration. However, the rising penetration of EVs poses a two-edged sword.…

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energy storage

With renewable energy sources like solar and wind increasing grid volatility, energy storage systems are often touted as a solution to supply-demand imbalances. Yet, McKinsey’s analysis suggests that investors underestimate the value of energy storage, often influencing investment decisions negatively. This gap highlights the complexity of evaluating potential revenue streams from energy storage technologies. Conventional valuation models fail to accommodate the dynamic market conditions, missing out on crucial factors like portfolio effects, market evolution, and regulatory frameworks. Energy storage revenue relies on diversified markets: wholesale markets, grid services, and capacity payments. The key to maximizing returns lies in “revenue stacking,”…

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