energy storage
insight
Celebrating National Battery Day: Key Trends and Workforce Insights in the 2024 Battery Industry
The battery industry experienced a groundbreaking year in 2024, marked by significant advancements in energy storage technology. Efforts to improve efficiency and reduce costs saw investments in gigafactories accelerate production, while breakthroughs in lithium-sulphur and flow batteries pointed to a safer, longer-lasting future for energy storage. As we head into 2025, the industry’s focus will shift toward scaling the battery industry and addressing workforce challenges to meet the growing demand. Alex Cohen, Senior Director at Piper Maddox, and Elliot Knox, VP of Client Development and Commercial Strategy, highlighted these pivotal moments in their recent webinar with the Volta Foundation. They explored the trends that defined 2024, including the rise of domestic battery recycling, the evolution of battery chemistry, and the increasing demand for clean energy recruitment to sustain industry expansion. The discussion highlighted the U.S. battery market's role in clean energy innovation and explored global trends, emphasising the importance of workforce development to meet growing industry needs. As Alex Cohen shared during the webinar, the employment market will continue to evolve. Companies must not only attract but retain talent by creating environments where professionals can thrive. With the growing demand for battery engineers, manufacturers must focus on upskilling talent and developing long-term hiring strategies to support production goals. The talent shortage remains a significant hurdle, particularly in battery R&D and gigafactory manufacturing, with some facilities requiring thousands of skilled professionals to meet production targets. The discussion also highlighted that visa policies could become a challenge for hiring international specialists in the future, though the impact remains uncertain. This uncertainty reinforces the need for companies to prioritise attracting and securing domestic talent, ensuring the energy storage market growth continues without disruptions caused by labour shortages. By connecting exceptional talent with forward-thinking companies, Piper Maddox is driving innovation and sustainability in the battery industry. As we celebrate National Battery Day, let’s acknowledge the critical role batteries play in building a cleaner, greener future and the workforce that powers this transition.
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