In 2020 the battery development and manufacturing supply chain will advance to meet market demand for industrial, residential, and utility-scale operations.
FREMONT, CA: In 2020, the technology consolidation will take place rather than advance innovation in the energy sector. Emerging industries, including offshore wind and lithium-ion battery storage, have attained more strength. Meanwhile, more novel technologies such as energy block chains and flow batteries have been relatively quiet this year.
Here are some upcoming industry technology insiders that are highlighted for expansion in 2020.
In 2019 a spate of announcements regarding sea-based PV projects was noticed following the increasing popularity of floating solar arrays on freshwater bodies. However, this concept will go main stream remains open to doubt. A research associate at Wood Mackenzie Power & Renewable says that offshore floating solar has the power to be the next leading edge. However, there are several challenges to conquer within the inland floating solar arena.
More than eight countries are already jostling for leadership positions in what some see as the next big thing in energy. Renewably produced hydrogen is moving from the category emerging to establish. Green hydrogen has sufficient potential to help decarbonizes the industrial processes, gas heating, and heavy transport.
Molten salt reactors
Naming nuclear energy technology to watch is fraught for several reasons. The molten salt reactor is an emerging technology that could give carbon-free electricity with fewer radiation risks than conventional nuclear. This concept seems to be gaining fans as a U.K. developer, Moltex Energy, managed to pull in $7.7 million through a crowd funding event in September.
Dynamic export cables
Experts believe that Equinor’s October decision to go ahead with the 88-megawatt Hywind Tampen project was big news for floating offshore wind, and it could end up dwarfing today’s bottom-fixed market. Chief technology officer at JDR says that some of the cables above 66 kilovolts have been used in offshore gas, and oil projects, dynamic export cables at 220 or 275 kilovolts don’t exist on the market.
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