Grid energy storage: The next big thing for Li-ion?

By Myles McCormick
Published: Friday, 22 April 2016

Though unlikely to rival the electric vehicle industry for size, grid energy storage is likely to become one of its largest end-markets for lithium-ion batteries. Questions remain as to what size the market will reach, however.

The scope for growth in demand for lithium-ion (Li-ion) batteries continues to drive the excitement around lithium production.

Centre-stage in the frenzy is the expected surge in demand for Li-ion-powered electric vehicles (EVs), fronted by Tesla Inc. and its enigmatic CEO, Elon Musk.

But an oft-forgotten sister market, also expected...