Industry
Sodium-ion batteries seen as next contender in grid ESS market, with 20 percent share projected by 2030
Sodium-ion batteries are emerging as a next alternative in the grid energy storage system market, helped by lower raw material costs, performance in low temperatures and reduced cooling needs, Cleantechnica reported. Morgan Stanley Research estimates their installed-base share will reach 2 percent in 2027, 20 percent in 2030 and 37 percent in 2035. U.S. companies including ESS, Peak Energy and Unigrid are preparing products for grid and residential storage.
