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Battery patents grow by 14% in 13 years: Study

- Batteries account for nearly 90% of all patents in electricity storage worldwide, according to EPO-IEA joint study

home > Electricity, Transportation/Fuel Oil 22.09.2020 13:36 Ebru Şengül

Battery patents grow by 14% in 13 years: Study

Patents for batteries and other electricity storage technologies grew at an annual average of 14% worldwide between 2005 and 2018, according to a joint study published Tuesday by the European Patent Office (EPO) and the International Energy Agency (IEA).

The report, Innovation in Batteries and Electricity Storage, presents the major trends in electricity storage innovation between 2000 and 2018, measured in terms of international patent families (IPFs), each of which represents a high-value invention for which patent applications have been filed at two or more patent offices worldwide.

The report found that since 2000, businesses around the globe have filed more than 65,000 IPFs in the area of electricity storage. The annual number of IPFs has risen steeply, from around 1,500 in 2005 to over 7,000 in 2018.

According to the report, with an average annual growth rate of 14% since 2005, this increase has considerably outpaced the average yearly increase in all technology fields combined over the same period, equivalent to a 3.5% increase.

It also showed that batteries account for nearly 90% of all patenting activity for electricity storage and that the rise in innovation is chiefly driven by advances in rechargeable lithium-ion batteries used in consumer electronic devices and electric cars.

"Electric mobility in particular is fostering the development of new lithium-ion chemistries aimed at improving power output, durability, charge/discharge speed and recyclability. Technological progress is also being fuelled by the need to integrate larger quantities of renewable energy such as wind and solar power into electricity networks," the report explained.

- Japan and South Korea lead battery technology

The study also showed that Japan and South Korea have established a strong lead in battery technology globally.

According to the study, technical progress and mass production in an increasingly mature industry have led to a significant drop in battery prices in recent years – by nearly 90% since 2010 in the case of lithium-ion batteries for electric vehicles, and by around two-thirds over the same period for stationary applications, including electricity grid management.

However, it stressed that developing better and cheaper electricity storage is a major challenge for the future.

"According to the IEA’s Sustainable Development Scenario, for the world to meet climate and sustainable energy goals, close to 10,000 gigawatt-hours of batteries and other forms of energy storage will be required worldwide by 2040 – 50 times the size of the current market," it said.

EPO President Antonio Campinos was also quoted as saying that electricity storage technology is critical when it comes to meeting the demand for electric mobility and achieving the shift towards renewable energy that is needed to mitigate climate change

“The rapid and sustained rise in electricity storage innovation shows that inventors and businesses are tackling the challenge of the energy transition. The patent data reveals that while Asia has a strong lead in this strategic industry, the US and Europe can count on a rich innovation ecosystem, including a large number of SMEs [small and medium-sized enterprises] and research institutions, to help them stay in the race for the next generation of batteries,” Campinos said.

IEA Executive Director Fatih Birol also asserted that energy storage would need to grow exponentially in the coming decades to enable the world to meet international climate and sustainable energy goals.

"Accelerated innovation will be essential for achieving that growth,” he noted.

By Ebru Sengul Cevrioglu

Anadolu Agency

energy@aa.com.tr


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Spot market electricity prices for Tuesday, Sept. 30

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.99 billion Turkish liras
29.09.2025 Electricity

Türkiye's daily power consumption down 11.1% on Sept. 28

- Electricity exports amount to 10,786 megawatt-hours and imports total 9,646 megawatt-hours
30.09.2025 Electricity

Spot market electricity prices for Monday, Sept. 29

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 2.03 billion Turkish liras
29.09.2025 Electricity

Türkiye's daily power consumption down 5.9% on Sept. 27

- Electricity exports amount to 9,888 megawatt-hours and imports total 10,837 megawatt-hours
29.09.2025 Electricity

Spot market electricity prices for Sunday, Sept. 28

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.2 billion Turkish liras
27.09.2025 Electricity

Türkiye's daily power consumption down 1.66% on Sept. 26

- Electricity exports amount to 7,791 megawatt-hours and imports total 11,526 megawatt-hours
28.09.2025 Electricity

Spot market electricity prices for Saturday, Sept. 27

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.4 billion Turkish liras
26.09.2025 Electricity

Türkiye's daily power consumption up 0.1% on Sept. 25

- Electricity exports amount to 6,832 megawatt-hours and imports total 11,488 megawatt-hours
26.09.2025 Electricity

Spot market electricity prices for Friday, Sept. 26

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.56 billion Turkish liras
25.09.2025 Electricity

Türkiye's daily power consumption up 0.3% on Sept. 24

- Electricity exports amount to 6,117 megawatt-hours and imports total 11,766 megawatt-hours
25.09.2025 Electricity

Türkiye's daily power consumption up 4.5% on Sept. 23

- Electricity exports amount to 5,892 megawatt-hours and imports total 11,825 megawatt-hours
24.09.2025 Electricity

Spot market electricity prices for Wednesday, Sept. 24

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 2.08 billion Turkish liras
23.09.2025 Electricity

Türkiye plays pivotal role in energy transition through interconnections, says CIGRE head

- 'Türkiye's specific location has a pivotal role,' in energy transition, head of global power council tells Anadolu
24.09.2025 Electricity

Türkiye's daily power consumption up 15.3% on Sept. 22

- Electricity exports amount to 6,118 megawatt-hours and imports total 13,391 megawatt-hours
23.09.2025 Electricity

Spot market electricity prices for Tuesday, Sept. 23

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 2.03 billion Turkish liras
22.09.2025 Electricity

Türkiye's daily power consumption down 10.8% on Sept. 21

- Electricity exports amount to 5,074 megawatt-hours and imports total 16,031 megawatt-hours
23.09.2025 Electricity

Spot market electricity prices for Monday, Sept. 22

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.82 billion Turkish liras
21.09.2025 Electricity

Türkiye's daily power consumption down 6.3% on Sept. 20

- Electricity exports amount to 7,268 megawatt-hours and imports total 14,770 megawatt-hours
21.09.2025 Electricity

Spot market electricity prices for Sunday, Sept. 21

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 896.07 million Turkish liras
20.09.2025 Electricity

Türkiye's daily power consumption down 4.4% on Sept. 19

- Electricity exports amount to 5,995 megawatt-hours and imports total 13,432 megawatt-hours
22.09.2025 Electricity

Spot market electricity prices for Saturday, Sept. 20

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.21 billion Turkish liras
19.09.2025 Electricity

Türkiye's renewable capacity surpasses 74,000 MW

- Total installed electricity capacity reaches 120,784 MW by end of August, with renewables exceeding 74,000 MW and hydro, solar, and wind leading the mix
19.09.2025 Electricity , Finance

MENA electricity demand set to rise 50% by 2035

- Cooling to be largest driver of electricity demand growth in region
24.09.2025 Electricity

Türkiye's daily power consumption down 1.5% on Sept. 18

- Electricity exports amount to 5,826 megawatt-hours and imports total 12,152 megawatt-hours
20.09.2025 Electricity

Spot market electricity prices for Friday, Sept. 19

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.48 billion Turkish liras
18.09.2025 Electricity

Türkiye's daily power consumption down 0.3% on Sept. 17

- Electricity exports amount to 6,450 megawatt-hours and imports total 9,560 megawatt-hours
18.09.2025 Electricity

Spot market electricity prices for Thursday, Sept. 18

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.7 billion Turkish liras
17.09.2025 Electricity

Türkiye's daily power consumption up 2% on Sept. 16

- Electricity exports amount to 6,575 megawatt-hours and imports total 10,748 megawatt-hours
17.09.2025 Electricity

Spot market electricity prices for Wednesday, Sept. 17

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 2.1 billion Turkish liras
17.09.2025 Electricity

Türkiye's daily power consumption up 14% on Sept. 15

- Electricity exports amount to 6,447 megawatt-hours and imports total 12,099 megawatt-hours
16.09.2025 Electricity

Türkiye to boost peaceful nuclear use, expand research and capacity

- Türkiye reaffirms commitment to peaceful nuclear energy and plans to expand capacity to 20 GW by 2050 in support of climate and development goals
16.09.2025 Electricity , Finance

Southeast Asia eyes $208B nuclear push with small reactors by 2050

- Region is exploring nuclear power through small modular reactors with Vietnam positioned to spearhead nuclear expansion
16.09.2025 Electricity , Finance

Spot market electricity prices for Tuesday, Sept. 16

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.95 billion Turkish liras
15.09.2025 Electricity

Türkiye's daily power consumption down 10.1% on Sept. 14

- Electricity exports amount to 8,413 megawatt-hours and imports total 3,808 megawatt-hours
15.09.2025 Electricity
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