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up","emerging-solid-state-industry-has-9-utilisation-rate-as-production-ramps-up","article/emerging-solid-state-industry-has-9-utilisation-rate-as-production-ramps-up",{"_uid":547,"date":548,"tags":549,"editor":556,"content":566,"excerpt":657,"featured":51,"reporter":658,"_editable":662,"component":663,"seo_title":543,"categories":664,"visibility":674,"author_company":49,"data_vis_image":675,"featured_image":680,"seo_description":657,"author_full_name":49,"author_job_title":49,"formattedDate":683,"formattedArticleDate":684},"21c682e1-f49b-4d05-a4a4-fd4fc3ba9a47","2023-05-11 00:00",[550,553],{"slug":551,"name":552},"data-visualisation","Data Visualisation",{"slug":554,"name":555},"solid-state","Solid-state",[557],{"slug":558,"name":559,"content":560},"didi-bostock","Didi Bostock",{"job_title":561,"image":562,"bio":564,"linkedin":565},"Editor - Energy Transition & Economics",{"filename":563},"https://a.storyblok.com/f/287943243085208/512x512/2c5ca5c1a3/didi-bostock.jpeg","Didi is the Energy Transition & Economics Editor at Benchmark, covering a broad range of markets across the energy transition. His remit spans from downstream sectors such as BESS and EVs, through to midstream such as new technologies and battery production, to upstream critical minerals mining. He also leads on financial analysis across these supply chains, alongside in-depth policy analysis.\n","https://www.linkedin.com/in/didi-bostock-656342198/",{"type":567,"content":568},"doc",[569,586,599,612,617,626,631,644,649],{"type":570,"attrs":571,"content":572},"paragraph",{"textAlign":49},[573,576,584],{"text":574,"type":575},"Although the solid-state battery industry is expected to break the ","text",{"text":577,"type":575,"marks":578},"two gigawatt-hour (GWh) production barrier this year",[579],{"type":580,"attrs":581},"link",{"href":582,"uuid":49,"anchor":49,"target":49,"linktype":583},"https://source.benchmarkminerals.com/article/solid-state-production-forecast-to-hit-2-gwh-this-year-as-oxide-batteries-dominate","url",{"text":585,"type":575},", the total nameplate capacity will be over 25 GWh.",{"type":570,"attrs":587,"content":588},{"textAlign":49},[589,591,597],{"text":590,"type":575},"This effectively gives the emerging solid-state battery industry a nine per cent utilisation rate, far lower than the more mature lithium ion industry, ",{"text":592,"type":575,"marks":593},"highlighting the importance of looking beyond just announced capacities",[594],{"type":580,"attrs":595},{"href":596,"uuid":49,"anchor":49,"target":49,"linktype":583},"https://source.benchmarkminerals.com/article/ambition-versus-reality-why-battery-production-capacity-does-not-equal-supply",{"text":598,"type":575},".",{"type":570,"attrs":600,"content":601},{"textAlign":49},[602,604,610],{"text":603,"type":575},"This low utilisation rate is a product of the naturally lower ramp-up rates for a solid-state battery gigafactory compared to a lithium ion gigafactory, as manufacturers focus on ",{"text":605,"type":575,"marks":606},"overcoming technical hurdles",[607],{"type":580,"attrs":608},{"href":609,"uuid":49,"anchor":49,"target":49,"linktype":583},"https://source.benchmarkminerals.com/article/solid-state-needs-lithium-metal-production-to-gear-up-to-meet-future-demand",{"text":611,"type":575}," and standardisation.",{"type":570,"attrs":613,"content":614},{"textAlign":49},[615],{"text":616,"type":575},"“Critically, these cells must pass qualification for their desired application before considerable ramp-up is initiated,” Rory McNulty, an analyst at Benchmark, said. “Facility ramp-up really begins four to six years from the initiation of that qualification procedure.”",{"type":570,"attrs":618,"content":619},{"textAlign":49},[620],{"type":621,"attrs":622},"image",{"id":49,"alt":623,"src":624,"title":49,"source":49,"copyright":49,"meta_data":625},"Solid-state production capacity doesn't tell the whole story","https://a.storyblok.com/f/287943243085208/28e3e4b475/bm-solid-state-stacked-chart.png",{},{"type":570,"attrs":627,"content":628},{"textAlign":49},[629],{"text":630,"type":575},"The effective utilisation is forecast by Benchmark to increase throughout the decade as solid-state battery makers work their way through the qualification process and the manufacturing of next-generation technologies matures.",{"type":570,"attrs":632,"content":633},{"textAlign":49},[634,636,642],{"text":635,"type":575},"By 2030, ",{"text":637,"type":575,"marks":638},"Benchmark’s Solid-state and Lithium Metal Forecast",[639],{"type":580,"attrs":640},{"href":641,"uuid":49,"anchor":49,"target":49,"linktype":583},"https://www.benchmarkminerals.com/forecasts/solid-state",{"text":643,"type":575}," expects 44% of nameplate capacity to be utilised, far closer to that of the incumbent lithium ion industry with which it aims to co-exist.",{"type":570,"attrs":645,"content":646},{"textAlign":49},[647],{"text":648,"type":575},"“In the long-term, Benchmark anticipates that these ramp-up timelines will eventually reach parity with current lithium ion battery technologies,” McNulty said.",{"type":570,"attrs":650,"content":651},{"textAlign":49},[652],{"type":621,"attrs":653},{"id":49,"alt":654,"src":655,"title":49,"source":49,"copyright":49,"meta_data":656},"Forecast solid-state battery production as a percentage of nameplate capacity","https://a.storyblok.com/f/287943243085208/4a45f1262d/bm-utilisation-rate.png",{},"Although the solid-state battery industry is expected to break the two gigawatt-hour (GWh) production barrier this year, the total nameplate capacity will be over 25 GWh. This effectively gives the emerging solid-state battery industry a nine per cent utilisation rate, far lower than the more mature lithium ion industry, highlighting the importance of looking beyond […]",[659],{"slug":558,"name":559,"content":660},{"job_title":561,"image":661,"bio":564,"linkedin":565},{"filename":563},"\u003C!--#storyblok#{\"name\": \"article\", \"space\": \"\", \"uid\": \"21c682e1-f49b-4d05-a4a4-fd4fc3ba9a47\", \"id\": \"\"}-->","article",[665,668,671],{"slug":666,"name":667},"batteries","Batteries",{"slug":669,"name":670},"battery-technology","Battery Technology",{"slug":672,"name":673},"gigafactories","Battery & Gigafactory","private",{"id":49,"alt":676,"name":676,"focus":676,"title":676,"source":676,"filename":677,"copyright":676,"fieldtype":678,"meta_data":679,"is_external_url":51},"","https://res.cloudinary.com/benchmarkminerals/images/f_auto,q_auto/v1692312647/www-production/Solid-state-stacked-chart-1_1304504f4259/Solid-state-stacked-chart-1_1304504f4259.png?_i=AA","asset",{"alt":676,"title":676,"source":676,"copyright":676},{"id":49,"alt":676,"name":676,"focus":676,"title":676,"source":676,"filename":681,"copyright":676,"fieldtype":678,"meta_data":682,"is_external_url":51},"https://a.storyblok.com/f/287943243085208/92be9af475/bm-solid-state-stacked-chart-featured.png",{"alt":676,"title":676,"source":676,"copyright":676},"May 11, 2023","11th May 2023",[],[],1780500967424]