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Energy Storage Energy storage in 2020: Where is the industry headed?
Although lithium-ion has long since been hailed as the future of advanced batteries, the technology has several limitations and flaws that have encouraged manufacturers and researchers to consider alternatives as the world sits on the verge of a power revolution.
Lithium-ion batteries are responsible for the power behind your smartphone, laptop, and virtually any rechargeable device you own—automobiles like the Tesla even rely on them.
Despite its widespread use and its incredible history of success, however, lithium-ion batteries are not perfect. From high-profile fires to the rising cost of lithium, there are many reasons why experts are scrambling to find a safer, more efficient, and less expensive substance to power tomorrow's electronics.