As such, lithium-ion batteries are now a technology opportunity for the wider energy sector, well beyond just transport. Electrolysers, devices that split water into hydrogen and oxygen using electrical energy, are a way to produce clean hydrogen from low-carbon electricity.
On the surface, it can be tempting to argue that hydrogen fuel cells may be more promising in transport, one of the key applications for both technologies, owing to their greater energy storage density, lower weight, and smaller space requirements compared to lithium-ion batteries.
Both batteries and hydrogen have been creating a buzz and heated discussions for the future of energy solutions. Although batteries are more developed and efficient at the moment, hydrogen shows a lot of potential as well.
In the ongoing pursuit of greener energy sources, lithium-ion batteries and hydrogen fuel cells are two technologies that are in the middle of research boons and growing public interest. The li-ion batteries and hydrogen fuel cell industries are expected to reach around 117 and 260 billion USD within the next ten years, respectively.
Hydrogen-powered vehicles can also be refuelled more quickly than vehicles powered with lithium-ion batteries.
Therefore, a combination of energy storage technologies suited for storage over different durations may be necessary to ensure reliable, cost-effective operation. Lithium-ion batteries (LIBs) and hydrogen (H 2) have emerged as leading candidates for short- and long-duration storage, respectively.