Exponential growth forecasts for LFP over the next ten years,...

Exponential growth forecasts for LFP over the next ten years, especially for EV'S but also increasingly for stationary storage along with flow batteries.

A leading energy consultant is predicting a 15-fold increase in the deployment of battery storage over the next decade and a half, as the world’s car fleets turn electric and as huge, multi-gigawatt hour battery storage projects replace coal and gas.

The forecast by Rethink Energy also suggest lithium iron phosphate batteries will come into their own during the late 2020s as stationary storage exclusively switches to this chemistry, and as key regions swap it in due to longer product lifespans and that anticipated drop in demand for very long-range batteries.

Nickel-based batteries will remain popular in North America but even those EV drivers will conform to the new technology “due to the need for safe, long-lasting batteries rather than facing replacement costs for batteries with a high variable cost due to global commodity prices”.

https://reneweconomy.com.au/the-massive-battery-storage-projects-that-will-replace-coal-and-gas-and-fossil-cars/