Electric batteries: production, development, and research, keys to Venezuela’s energy sovereignty

Abstract

The objective of this paper is to present arguments
based on real evidence of socioeconomic impact and projections of the global battery market to support the importance of stimulating the production, development, and research of electric batteries in Venezuela as a fundamental strategy to
diversify the energy mix and the economy, and reduce dependence on oil, in the current context of coercive sanctions imposed on the country. The methodological approach is mixed (qualitative + analytical), supported by the qualitative impact of the invention on society and market prospects, which link technical importance with current data and market trends. Based on the evolution of the battery industry and related industries in the United States, China, and other countries, it is argued that this would facilitate diversification and access to the energy mix through the incorporation of renewable energies, foster domestic market growth, and
technological innovation. Venezuela’s potential, given its vast wealth of natural resources and renewable energies, to develop an independent technological framework and modernize its energy mix is highlighted. This approach aims not
only to address the current situation, but also to position the country within a sustainable economic model in a global future that is increasingly committed to the environment.