Davos 2019 - Press Conference: Cleaning up the Battery Boom
Channel: World Economic Forum
Date: 2019-02-05

The battery market is set for exponential growth. By 2050, batteries will power an electric vehicle market worth $2 trillion and over the coming two decades global cumulative energy storage deployments are forecast to grow more than thirty-fold. The expansion of battery storage into the world’s energy and transport systems could be a game-changer in the fight against climate change. However, without deliberate intervention, this potential is undermined by social and environmental impacts as well as unexploited innovation potential along the global battery value chain. A host of public-private initiatives are emerging under the umbrella of the Global Battery Alliance and related initiatives to accelerate action and global cooperation.

Speakers:
· Martin Brudermüller, Chairman of the Board of Executive Directors and Chief Technology Officer, BASF, Germany.
· Christina Lampe-Onnerud, Founder and Chief Executive Officer, Cadenza Innovation, USA.
· Lin Boqiang, Dean, China Institute for Studies in Energy Policy, Xiamen University, People's Republic of China.
· Riccardo Puliti, Senior Director, Energy and Extractives, World Bank, Washington DC.

Moderator:
· Georg Schmitt, Head of Corporate Affairs, World Economic Forum.

http://www.weforum.org/