Global Scans · Energy Tech · Weekly Summary

• [New] Energy storage resources could cut evening energy price spikes by roughly 60% between now and 2035. Novogradac
• [New] New developments in both GaN and SiC combined with new power systems architecture are creating new opportunities to accelerate electrification of our planet across multiple, major markets including electric transportation, renewables, energy storage and more. I.S.E.S.
• [New] South Korean battery manufacturer SK On will supply US company Flatiron Energy with battery storage systems with a total capacity of up to 7.2 gigawatt-hours by 2030. Battery-News
• [New] By 2025, large-scale recycling technologies will help reclaim significant volumes of lithium to be reintegrated into new batteries and energy storage systems. Farmonaut
• [New] By 2025, global projections anticipate an over 250% increase in lithium demand compared to 2020, primarily driven by the automotive and energy storage sectors' growth. Farmonaut
• [New] Electric vehicles (EVs): EV adoption rates are expected to surge, with governments worldwide setting aggressive targets to phase out combustion engines - substantially reducing carbon emissions and accelerating the demand for energy storage. Farmonaut
• [New] With AI workloads forecast to consume 10% of global electricity by 2030, CRWV's energy-efficient data centers - optimized for Nvidia GPUs - offer a competitive edge over generalists like Amazon's AWS. 24/7 Wall St.
• [New] By mid-2025, lead times for large power transformers had stretched beyond 30 months, with some units requiring up to four years for delivery-posing serious risks to grid reliability and expansion. / USA Forbes
• [New] To achieve net-zero targets, an estimated $193 billion must be invested in energy storage each year between now and 2030. Brookfield
• [New] The Middle East is positioning itself as a central hub for energy transition and logistics, while Africa's burgeoning economies present significant growth potential. Shipfinex.com
• [New] After record growth in 2024, U.S. battery energy storage systems could grow from more than 26 gigawatts of capacity-enough to power 20 million homes - to anywhere from 120 GW to 150 GW by the end of 2030, depending on the range of projections. Fortune
• As the world transitions towards a more sustainable energy future, OPEC has an opportunity to leverage its expertise in energy production and distribution to play a role in the renewable energy sector. OilGasZ.com | Energy Intelligence Hub
• New Mexico State University is the co-investigator for Carrizo Four Corners, the 1,500-megawatt pumped storage project that could provide 70 hours of energy storage, far more than the several hours of storage provided by the largest lithium-ion batteries. Circle of Blue
• Between 2023 and 2030, the additional capital expenditure required in the power sector is estimated at $57 billion: $47 billion for shifting from fossil fuels to renewables and $10 billion for pumped hydro and battery storage. / India Dtnext
• The uncertainty surrounding offshore wind has led investors to hedge against U.S. policy risks by exploring opportunities in emerging markets and alternative technologies like green hydrogen and long-duration energy storage. Ainvest
• Malaysia's Petronas, with its modern LNG facilities and experience in developing offshore energy, will partner with Bangladesh to modernise terminals, add storage capacity, and even invest in renewable energy projects such as offshore wind and solar farms. The Financial Express
• Over the next five years, demand for lithium-ion batteries for everything from personal electric devices to grid-scale energy storage is expected to grow dramatically. AZOM
• In the coming years, advancements in energy storage and microgrid technology will make it easier to power HVAC systems with clean energy, further reducing carbon emissions. Blogger
• Energy-efficient construction is a growing priority, including the construction of carbon-neutral buildings and net-zero targets, as governments, corporations, and urban planners reach their 2050 deadlines. Transparency Market Research

Last updated: 14 September 2025