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Does Norway have a battery market?

Today Norway has not one, but two huge battery markets. “There are two market drivers for batteries: EVs and stationary energy storage. Energy storage is coming on strong now. It’s the key to turning intermittent wind and solar into a stable energy source,” explains Pål Runde, Head of Battery Norway.

How can Norway become a leader in sustainable batteries?

Investing in research, local manufacturing and secure access to materials is needed to solidify Norway’s position as a leader in sustainable batteries. Battery technology is essential to meet Europe and Norway’s zero emission targets by 2050, helping to reduce carbon emissions in the energy and transport sectors across the continent.

Why is Norway a world leader in batteries for transportation?

Within application of batteries for transportation, the majority of the research in Norway has been related to the maritime industry. This has given Norway a world leading position in this field. Corvus Energy is one of the pioneers in energy storage and delivers zero-emission solutions for all segments in the maritime transportation.

Is Norway a good place to buy EV batteries?

An early adopter of electric transport, Norway continues to capture EV battery headlines. Electric cars now account for 79 per cent of new cars sold in Norway, and the MS Medstraum was recently launched as the world’s first electric fast ferry. In a global report on lithium-ion batteries, Norway ranked first in sustainability.

Is Norway a good place to recycle batteries?

Norway, with its strong expertise in processing industry, has a great opportunity to take a leading role within recycling of batteries and developing new and more efficient processes for recycling of all battery materials. – Today, graphite is not recycled, and ends up as CO2-emissions.

What are the development directions for mobile energy storage technologies?

Development directions in mobile energy storage technologies are envisioned. Carbon neutrality calls for renewable energies, and the efficient use of renewable energies requires energy storage mediums that enable the storage of excess energy and reuse after spatiotemporal reallocation.