{"id":249757,"date":"2024-04-26T18:58:24","date_gmt":"2024-04-26T18:58:24","guid":{"rendered":"https:\/\/news.republicofgreen.com\/battery-energy-storage-capacity-must-increase-6x-faster-to-meet-global-climate-goals-iea\/"},"modified":"2024-04-26T20:49:02","modified_gmt":"2024-04-26T20:49:02","slug":"battery-energy-storage-capacity-must-increase-6x-faster-to-meet-global-climate-goals-iea","status":"publish","type":"post","link":"https:\/\/news.republicofgreen.com\/battery-energy-storage-capacity-must-increase-6x-faster-to-meet-global-climate-goals-iea\/","title":{"rendered":"Battery Energy Storage Capacity Must Increase 6x Faster to Meet Global Climate Goals: IEA"},"content":{"rendered":"
\n\t\t\t\t\tLithium-ion EV batteries on a production line. SweetBunFactory \/ iStock \/ Getty Images Plus <\/p>\n
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To meet clean energy and net-zero targets by 2030, as set during COP28, the International Energy Agency (IEA) says that rapid expansion of battery storage capacity is necessary.<\/p>\n
According to the agency, a rollout of batteries needs to increase six-fold compared to current rates in order to meet global climate goals.<\/p>\n
IEA reported that battery costs have decreased by more than 90% over the past…<\/p>\n<\/div>\n