Jabil Releases Results of Global Survey on Energy Storage Trends
27 Junho 2023 - 9:45AM
Business Wire
- Participants cite demands for renewable energy (87%), lower
energy costs (75%), and increased grid resiliency (56%) as top
drivers for developing energy storage systems
- 88% of those polled struggle to scale production to meet
market demand while 74% face supply chain constraints amid
increasing material costs
- 62% report that modularity is extremely important in
designing energy storage systems to streamline manufacturing and
product technology updates
Jabil Inc. (NYSE: JBL) today announced the findings of its 2023
global survey of energy storage and battery solution providers. The
results reveal steady expansion in the production of energy storage
systems (ESS) to ensure consistent energy supply while increasing
power grid stability. Amid intensifying global energy demands, 88%
of the survey participants are struggling to scale production of
their ESS portfolios to keep pace with rapid industry growth.
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Jabil’s global survey on energy storage
trends reveals major industry drivers and manufacturing challenges
facing producers of energy storage systems (ESS). (Photo: Business
Wire)
“Technology advances are fueling innovations in batteries,
charging equipment, and solutions for making energy storage more
accessible to households, businesses, industries, and utility
grids,” said Bill Mitchell, senior business unit director for power
and storage, Jabil. “This latest survey reinforces top industry
trends while pinpointing some of the toughest manufacturing
challenges facing companies as energy storage solutions grow in
size and complexity.”
Jabil commissioned SIS International Research to conduct the
2023 Energy Storage Trends Survey, with participation from 204
energy storage and battery solutions stakeholders worldwide.
Respondents were asked questions designed to offer a better
understanding of the types of solutions currently being produced,
along with evolving market opportunities and manufacturing
obstacles. The majority of the participants (88%) are producing
solutions for commercial and industrial applications while 61% are
considering expanding into the residential and
commercial/industrial markets. More than half (58%) plan to enter a
new energy storage market within three to five years, while 14% of
the survey respondents plan to enter a new market in one to two
years.
Other key findings include:
- Demand for renewable energy is the top driver of ESS
development according to 87% of those polled, followed by a desire
for lower long-term energy costs (75%), and increased grid
resiliency (56%)
- 66% of the survey respondents are interested in developing
energy storage solutions with energy capacities of 200 kWh to 1
MWh, while 62% are focused on 20 kWh to 199 kWh capacities
- Participants expect the highest ESS deployments in the next
three to five years to take place in North America (70%) and Europe
(67%)
Prioritizing Battery Technology and Management
Energy storage systems companies already are — or are
considering — producing batteries within their own facilities,
according to 87% of those surveyed. Additionally, companies are
using cells to build modules to their exact specifications while
avoiding persistent supply chain challenges. Unsurprisingly, 90% of
the participants use lithium-ion (Li-ion) batteries in existing
energy storage solutions; 75% plan continued use of Li-ion
batteries in the next five to 10 years. Other technologies are
being used currently to a much lesser extent, including lead-acid
batteries (21%) and flow batteries (19%). Rising interest in
non-battery technologies, however, is poised to help increase
energy resiliency, with participants planning to explore hydrogen
fuel cells (20%), thermal storage (19%), and super capacitors (13%)
within the next decade.
Respondents were split on the need for safer battery chemistry,
with less than half (45%) reporting current efforts in this area.
Interestingly, 75% believe in reusing energy storage system
batteries that have reached end-of-life in new ESS solutions, yet
only 39% plan to integrate second-life batteries into their own
energy storage solutions. Nearly half of the participants (46%)
indicated that lower battery prices could speed ESS deployments by
one to two years.
Reducing Manufacturing & Supply Chain Obstacles
Myriad challenges can stymy or stall ESS providers’ efforts to
meet escalating market demands. Among those surveyed, 88% reported
an inability to scale production capacity, while 78% felt they
could not build their own modules and storage systems cost
effectively. Additionally, 73% reported they are not set up in the
right geography to address market requirements while 61% lacked
much-needed expertise to build modules and storage systems. More
than 59% of those polled also reported that meeting demand for
renewable energy remains their biggest ESS deployment
challenge.
Persistent supply chain issues also continue to impact the
energy-storage market. Ever-increasing material costs, particularly
for the steel needed to produce storage system frames, were
reported by 74% of the participants. Respondents ranked additional
constraints, including shortage of battery cell modules (60%),
shortage of semiconductors (47%), and sourcing far from end
markets, which ultimately impacted supply chain costs (44%).
To alleviate these obstacles, ESS providers are favoring modular
design, or modularity, to streamline and simplify manufacturing
workflows and product technology updates. As a result, 62% of the
survey participants cited modularity as “extremely important” in
their overall product design strategy.
Jabil’s Power & Storage Solutions
Jabil engineers, builds, and ramps production of some of the
most innovative and complex energy storage systems available today.
A blend of advanced power engineering, global supply chain
intelligence, state-of-the-art manufacturing, and high-level
assembly (HLA) empowers Jabil’s customers to speed and simplify ESS
development and deployment for a more sustainable future.
About Jabil:
Jabil (NYSE: JBL) is a manufacturing solutions provider with
over 250,000 employees across 100 locations in 30 countries. The
world's leading brands rely on Jabil's unmatched breadth and depth
of end-market experience, technical and design capabilities,
manufacturing know-how, supply chain insights, and global product
management expertise. Driven by a common purpose, Jabil and its
people are committed to making a positive impact on their local
community and the environment. Visit www.jabil.com to learn
more.
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Michael Kovacs Senior Director, Marketing, Jabil 1.408.427.1191
michael_kovacs@jabil.com
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