Countries around the world are pledging to the goal of net-zero by mid-century. However, the energy transition needed to achieve this presents huge challenges. As the global energy sector moves to renewable energy sources, many of the technologies needed to replace fossil fuels and cut greenhouse gas emissions are not yet fully mature. A recent report from the EPO outlines why the net-zero goal cannot be achieved without further efforts in clean energy innovation.
Last year construction started on a 250MWh liquid-air energy-storage system in Greater Manchester. Supported by a £10 million UK government grant, when completed the “CRYOBattery” will be the largest liquid-air energy-storage system in the world.
Last week, the European Patent Office (EPO), together with the International Energy Agency (IEA), released a detailed report on patenting activity in electricity storage between 2000 and 2018. An EPO press release is available on the EPO website along with the full report.