The global lithium-based battery market is expected to grow by a factor of 5 to 10 over the next decade. The electric vehicle market often steals the headlines related to the needs of electric power storage systems, but lithium-based batteries are becoming increasingly important for commercial markets, stationary grid-storage systems, national defense, and aviation. Because of the increasing demand for power storage, particularly as it relates to global competition, the U.S. Department of Energy commissioned the Federal Consortium for Advanced Batteries to develop the National Blueprint for Lithium Batteries. The “blueprint” was released this month by the Secretary of Energy. It’s a 24-page document that contains five critical goals to guide collaboration between federal agencies through 2030. Understanding what’s guiding government resources and decisions can benefit investors that seek to benefit from the growth. Read More >>