Put simply, if we want to decarbonise most of the world’s industries, we must electrify them
Decarbonisation through electrification has four components:
- Renewable electricity generation – including solar PV
- Electrified systems and processes – including electric vehicles (EVs)
- Power conversion – including PV and EV inverters
- Energy storage – including lithium-ion batteries
Our approach
We study each market in the following four ways:
- Supply chain (manufacturers, capacity, production – including materials and equipment)
- Cost (bottom-up cost modelling, system cost analysis)
- Technology (technology roadmaps and key performance metrics, e.g. conversion efficiency, power/energy density, cost per watt/kW/kWh/kg)
- Demand (e.g. PV systems, EV inverters, EV batteries; short- and long-term)