Summary

The high share of non-controllable and intermittent renewable generation, together with the decommissioning of several fossil-fuel power plants, calls for flexible resources for ensuring system stability and avoiding issues in the power system operation. In this context, the storage systems are seen as fundamental assets to decouple the instant in which the electricity is generated and the one in which it is consumed. Hence, in recent years the storage market has experienced significant growth and attracted great interest.

This paper provides an analysis of the Li-Ion battery market, focusing on the structural dynamics of the market, like production capacity, technological innovation, demand in different segments, and life cycle. Key points of this investigation are both the dynamics of the supply chain management complexities, and the strategies employed by leading market players. By evaluating these factors, the study identifies dominant actors within the market and assesses their influence on competition, innovation, and the broader industry landscape. Market dynamics are therefore highlighted, such as concentration, major players, market barriers, supply robustness issues, and risks that generally characterize the sector. This research offers perspective on how to encourage greater competition, guarantee the supply of materials and promote a more balanced and sustainable competitive environment.

Additional informations

Publication type Session Materials
Reference C1_11118_2026
Publication year
Publisher CIGRE
Country Italy
Study committees
File size 942 KB
Price for non member 30 €
Price for member 30 €

Authors

VERGINE Chiara - TERNA

Keywords

Energy Transition, lithium-ion batteries, market players

Market Analysis of Lithium-Ion Batteries for Power System Applications: Strategic Insights and Challenges