Reserve Capacity and the Emerging Competition Over Batteries

Throwback Thursday: While this was released in 2023, given the growth of our audience and the topics relevance, we thought it would be a good idea to bring it back from the archives!

I promise this isn’t going to be one of those “data is the new oil” posts, but the oil analogy is useful. According to a recent Financial Times article, China is building battery production facilities at a rate that is currently double the estimated demand for gigawatt hours globally. The article cites Chinese government subsidies as a primary enabler o…