ads-tec Energy SPAC Presentation Deck slide image

ads-tec Energy SPAC Presentation Deck

Strong growth in Commercial & Industrial Driven by renewables and the growth of electric consumption and requested power Energy storage installations Global energy storage installations expected to multiply exponentially, from 9 GW / 17 GWh deployed as of 2018 to 1,095 GW / 2,850 GWh by 2040 Global energy storage installation (GW) 2017 2020 Source: Bloomberg NEF 2030 1,000 Gigawatts 2040 500 Im + The expected boom in the energy storage market will draw over the next two decades $622bn in investments This was enabled by sharp declines in cost of lithium-ion batteries, on top of an 85% reduction already from 2010-2018 Demand for storage will increase to balance higher proportion of variable, renewable generation and consumption in the electricity systems (up to 40% of world electricity in 2040 will come from renewable sources) Source: Bloomberg NEF adstec 30 Energy
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