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CIO Applications Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Applications

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Editor's Pick (1 - 4 of 8)
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The Road to Becoming a Digital Utility

The Road to Becoming a Digital Utility
Todd Inlander, VP & CIO, Southern California Edison

Reinventing Electric Power Value Chain

Reinventing Electric Power Value Chain
Joseph Santamaria, CIO, PSEG

Will the Smart Meter Deliver on its Promise?

Will the Smart Meter Deliver on its Promise?
John Burke, CIO, Ambit Energy

Water and Wastewater Utility Revolution: Operational and Information Technology Integration

Water and Wastewater Utility Revolution: Operational and...
Mark S Smith, VP & CIO, American Water

The Transforming Utility Industry

The Transforming Utility Industry
Ken Lee, SVP & CIO, New York Power Authority

Our Ultimate Goal is to Become a Real Time Smart Utility

Our Ultimate Goal is to Become a Real Time Smart Utility
Mujib Lodhi, CIO, Washington Suburban Sanitary Commission’s (WSSC)

The Role Of AI In A Smart Utility

The Role Of AI In A Smart Utility
Vennard Wright, CIO, Washington Suburban Sanitary Commission

The Future of Energy: One Incredible Story

The Future of Energy: One Incredible Story
Amy Carstens, Director, Transmission Services, Dairyland Power Cooperative

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What is happening in Battery Technology Landscape?

By CIO Applications| Thursday, December 12, 2019
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The development of battery technology is increasingly being looked at as an indispensable component of sustainability by today's utilities.

FREMONT, CA: While smartphones, smart homes, and even smart wearables are growing ever more advanced, they are still limited by power. The battery hasn't advanced in the last decades. But today, battery technology is on the verge of a power revolution. The latest dynamics inside the battery technology landscape is explained below.

Today, utilities are looking to invest substantially in storage devices that can store large amounts of renewable energy. The requirement for high capacity batteries will drive the energy storage technology market and lead to rapid innovations in the sector. While sustainability is a significant factor driving the utilities, the safety aspect is also crucial. Increasing regulations are one of the trends in battery technology. Some recent incidents of attacks at energy storage facilities have brought storage technology under surveillance.  Thus, standard safety regulations are must batteries. Several regulatory bodies and authorities are presently considering the safety regulations. The battery storage industry will have to consider and comply with all safety norms.

The escalating demands for storage technologies have paved the way for a lot of innovations. Labs across the world are testing potential battery technologies. The development of lithium-ion batteries started this movement, which has now gained momentum and resulted in the creation of alternative cells.  Besides, novel applications of battery technology have also gained friction. Battery manufacturers are constantly vying to improve capacities and stay ahead in the competition.Top Utilities Tech Solution Companies

Everyone today is prioritizing environmental safety. Automobile companies realize that conventional engines will slowly lose relevance, and electric mobility will become the new norm. Thus, battery technologies will find several applications in the automobile industry as they scale up the production of e-vehicles. The battery requirements of e-vehicles will make automobile makers explore for the best battery technologies available.

Together with the above dynamics, there has also been a fall in the prices of lithium-ion batteries. As prices dwindle further, industries will quickly adopt battery technologies to enhance energy storage and fulfill modern-day electricity consumption requirements.

Check Out:- Top Storage Solution Companies

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