ZincFive’s New Industry Insights Report Highlights Increased Focus on Safety, Sustainability, and Cost Efficiency in Data Center Energy Storage
The Study Reveals Newer Battery Chemistries Gaining Momentum, Driven by Key Benefits Valued by Data Center Operators
PORTLAND, Ore.–(BUSINESS WIRE)–ZincFive®, the global leader in nickel-zinc (NiZn) battery-based solutions for immediate power applications, has published the inaugural Data Center Energy Storage Industry Insights Report in collaboration with Data Center Frontier. This report, featuring contributions from diverse industry professionals worldwide, offers valuable insights into the current landscape and future trends for data center energy storage, including usage, perceptions, priorities, challenges, predictions, and the impact of AI.
Key findings from the 2024 report include:
- Only a third of respondents (34%) said they completely trust their existing backup system.
- When evaluating energy storage solutions, industry professionals prioritize safety (69%) and total cost of ownership (64%). Nickel-zinc (NiZn) batteries, along with valve-regulated lead acid (VRLA) and lithium iron phosphate (LFP) batteries, ranked highly for both safety and cost considerations.
- Traditional energy storage technology limitations (50%) and sustainability targets/mandates (44%) were driving the changes respondents considered for their energy storage technology.
- Four in five respondents (81%) said that sustainability criteria were important in their power system buying decisions.
- Two-thirds (63%) said that their organization’s sustainability programs have resulted in some cost reductions, with one in five (19%) seeing significant cost reductions.
- 26% of respondents expect their runtime to decrease, 38% foresee no change, while the remaining respondents believe it could increase.
- When asked what they were not getting out of their current battery backup/energy storage technology, respondents listed the following four top priorities in order of mention frequency: long life, reliability, sustainability, and cost reduction.
“Data centers are the backbone of our digital world, and as the industry evolves at an unprecedented pace, it’s crucial to stay ahead of the curve,” said Tim Hysell, CEO and Co-Founder of ZincFive. “With this report, we aimed to keep our finger on the pulse of the industry and deliver actionable insights that truly matter to data center professionals. The data shows that the industry is not just adopting new technologies but is demanding more from them—longer life, enhanced reliability, and a strong alignment with sustainability goals. This shift is driving meaningful change across the sector, pushing for innovations that will define the future of energy storage.”
The Data Center Energy Storage Industry Insights Report was created through a thorough data collection and analysis process conducted by Data Center Frontier and Endeavor Business Intelligence on behalf of ZincFive. Data was collected between June 26 and July 19, 2024, with 117 qualified industry professionals from around the world participating in the survey.
Download the report here.
About ZincFive, Inc.
ZincFive is the world leader in innovation and delivery of nickel-zinc batteries and immediate power solutions. Supported by an impressive portfolio of international patents, ZincFive technology harnesses The Power of Good Chemistry™ to propel the world forward. ZincFive technology leverages the safety and sustainability of nickel-zinc chemistry to provide unparalleled high power density and performance for mission critical applications. ZincFive is a privately held company based in Tualatin, Oregon. For more information, visit www.zincfive.com.
ZincFive is a registered trademark and the ZincFive logo and The Power of Good Chemistry are trademarks of ZincFive, Inc.
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About Data Center Frontier
Data Center Frontier charts the future of data centers and cloud computing. We write about what’s next for the Internet, and the innovations that will take us there. The data center is our prism. We tell the story of the digital economy through the facilities that power the cloud and the people who build them. In writing about data centers and thought leaders, we explain the importance of how and where these facilities are built, how they are powered, and their impact on the Internet and the communities around them. Data Center Frontier is a publication of Endeavor Business Media. For more information, visit www.datacenterfrontier.com.
Contacts
Media: media@zincfive.com
