The global energy storage industry is growing steadily, fuelled by the world's transition to clean energy. This is expected to drive up long-term demand for metals that are essential for energy storage technologies. The EU Batteries Regulation came into force in 2023, but its various stipulations become law over the next several years. Replacing fossil fuel-based power generation with power generation from wind and solar resources is a key strategy for. Energy-storage technologies have rapidly developed under the impetus of carbon-neutrality goals, gradually becoming a crucial support for driving the energy transition.
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