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Home Home - Face 2 Face
Face 2 Face with the Impossible: Energy, Batteries and Fight for Survival

Face 2 Face with the Impossible: Energy, Batteries and Fight for Survival

Anela DoksoBy Anela Dokso06/03/20252 Mins Read
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The global push toward Net Zero emissions is reshaping industries, economies, and societies, with electrification, renewable energy, and battery technology at the forefront of this transformation. However, the transition faces significant challenges, particularly in scaling technologies and securing the raw materials needed for battery production.

A recent discussion featuring experts Cédric Philibert, Karim Megherbi, and Simon Michaux highlighted the complexities and opportunities of this transition, emphasizing the need for innovation, collaboration, and strategic policy interventions.

WATCH HERE

Electrification is a cornerstone of the Net Zero transition, with sectors such as transportation, manufacturing, and heating increasingly relying on electricity generated from renewable sources. According to the International Energy Agency (IEA), global electricity demand is expected to grow by 60% by 2050, driven by the electrification of end-use sectors and the expansion of renewable energy capacity.

Renewables, particularly solar and wind, are projected to supply over 70% of global electricity by 2050, up from 29% in 2022. However, the intermittent nature of these energy sources underscores the critical role of energy storage systems, particularly batteries, in ensuring grid stability and reliability.

Batteries are essential for energy storage, electric vehicles (EVs), and portable electronics, but their production relies heavily on raw materials such as lithium, cobalt, nickel, and graphite. The demand for these materials is skyrocketing; for example, global lithium demand is expected to increase sixfold by 2030, driven by the rapid growth of the EV market.

This surge in demand has exposed vulnerabilities in the supply chain, including geopolitical risks, environmental concerns, and price volatility.

Global cooperation is equally critical. The supply chain for raw materials is inherently international, requiring collaboration among countries to ensure stable and ethical sourcing. Initiatives such as the European Union’s Critical Raw Materials Act and the U.S. Inflation Reduction Act are steps in the right direction, but more coordinated efforts are needed to address the scale of the challenge.


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