
The big picture
Energy storage is becoming one of the most important parts of the clean energy transition.
But not all battery technologies are built for the same purpose.
Lithium-ion batteries dominate consumer electronics and electric vehicles.
LFP batteries are increasingly used for EVs and stationary storage because of safety and durability.
Lead-acid batteries remain relevant for backup systems.
Flow batteries are suited for long-duration grid storage.
Sodium-ion batteries offer lower-cost potential, while solid-state batteries represent future high-performance possibilities.
Hydrogen storage and thermal storage also play roles in industrial and long-duration energy systems.
The future of energy storage will likely be a mix of technologies not a single winner.
