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Analyst - Youmin Rong, Ph.D.
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  • Trade tariffs in the United States could increase pricing for energy storage systems
     Camron Barati | Julian Jansen | Youmin Rong, Ph.D. | August 21, 2019
    Under articles Section 301 of United States trade policy, the United States is set to introduce 10% tariffs on approximately $300 billion of Chinese imports by the end of 2019, including lithium-ion batteries. While tariffs for some products will be delayed until 15 December 2019, tariffs for lithium-ion batteries are to begin 1 September 2019. Because of these tariffs and others already implemented, including 25% on imported power conversion systems (PCS) and battery materials such as lithium, cobalt, nickel, and other metals, the cost of battery energy storage in the United States is projected to increase. Integrators using Lithium Iron Phosphate (LFP) batteries will be especially affected, due to China’s market share of the global supply chain for such products. Because raw materials are also targeted, the smaller domestic manufacturing base of lithium-ion batteries could also remain affected.
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  • Battery Safety Report - 2019
    Pressure grows on battery industry to ensure safety and sustainable industry growth.
    Sam Wilkinson | Julian Jansen | Youmin Rong, Ph.D. | August 15, 2019
    Pressure grows on battery industry to ensure safety and sustainable industry growth. Following a number of incidents involving battery fires in electric vehicles, stationary energy storage and portable electronic devices, safety concerns continue to mount around the widespread use of Li-ion batteries
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  • SNEC 2019 - Key Takeaways
     Sam Wilkinson | Cormac Gilligan | Jessica Jin | Holly Hu | Edurne Zoco, PhD | Youmin Rong, Ph.D. | June 12, 2019
    SNEC – is the leading event in China for solar and energy storage. The scale of the event provides a crucial overview of the respective industries and the current market status in China and globally. After attending the show, the IHS Markit Solar and Energy Storage analyst team has summarised the major findings from the event.
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  • SNEC PV Market Workshop - 2019
    Trends to watch in 2019
    Sam Wilkinson | Cormac Gilligan | Jessica Jin | Edurne Zoco, PhD | Youmin Rong, Ph.D. | June 12, 2019
    IHS Markit Energy Technology analysts hosted a briefing and workshop with a group of clients at SNEC PV Power Expo in Shanghai on June 5th 2019. Four different presentations were given highlighting key trends for PV, energy storage and batteries.
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