Inventions & Innovators powering the Energy Transition – Next Generation Batteries

In our analysis on next generation batteries, we found lithium-ion is here to stay. Over the near to medium term this will remain the dominant battery technology for the primary energy transition use case – that is powering electric vehicles. Material investment continues to be made advancing lithium-ion battery chemistry and architecture to improve power density, charge time and cycle life while reducing weight and cost. A key challenge from an ESG perspective is the sustainability risk inherent in the rare earth minerals supply chain, in particular the cobalt supply. This metal is critical to supporting lithium-ion thermal stability and a high energy density but comes at a high social and environmental cost.

This report is first of the energy transition series. We view this with a lens on the invention and innovation being made in critical technologies powering the energy transition and the associated patents.  The next generation batteries explores three specific alternatives to lithium-ion:

• Solid-state batteries
• Lithium-sulfur batteries
• Lithium-oxygen batteries

We look at where the patented technologies are by geography and organisation – which organisation to look out for in the future.

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