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IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

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The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit. Cost is the name of the game.

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DOE seeks to cut cost of Level 2 EV charging equipment in half in 3 years; $12M FOA

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The Grid Integration Tech Team (GITT), comprising the domestic automotive industry, electric utilities, and DOE programs and national laboratories, identifies two major task areas that need to be undertaken to achieve its vision of transitioning EVs from early market acceptance to mainstream adoption of millions of vehicles by 2020.

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Harvard team demonstrates new metal-free organic–inorganic aqueous flow battery; potential breakthrough for low-cost grid-scale storage

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In a paper in Nature , they suggest that the use of such redox-active organic molecules instead of redox-active metals represents a new and promising direction for realizing massive electrical energy storage at greatly reduced cost. —Huskinson et al. Background.

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International Transport Forum brief suggests Smart Grid and EV technologies could be mutually beneficial; V2X potential

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A new policy brief published by the Organisation for Economic Co-operation and Development’s (OECD) International Transport Forum (ITF) notes that existing electricity systems will need to be reconfigured to support the widespread adoption of electric mobility and suggests that Smart Grid technologies and EVs and EVs could be mutually beneficial.

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ITM Power reports its estimated cost of producing hydrogen via electrolysis down significantly from last year

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In addition to capital cost and electricity consumption, the analysis includes an indicative annual maintenance cost and utilization factor. Electricity price. Water price. 5% of sale price. The European cost targets for hydrogen generation are €9.90/kg At a hydrogen price of £4.19 446 kg/24h.

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California ISO releases five-year strategic plan; grid integration of renewable power, support for electric vehicle charging

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The California Independent System Operator Corporation (ISO), California’s non-profit grid operator, released its new five-year (2012-2016) strategic plan. Between now and 2020, wind and solar generation will quadruple within the ISO transmission grid at the same time electric vehicle charging increases significantly.

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Lux Research: grid storage battery cost to fall to $500/kWh by 2022, short of expectations

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Lithium-ion and molten-salt battery costs will approach $500/kWh by 2022, reducing the high capital cost of emerging grid storage technologies. Among their findings: Cost of Li-ion batteries will dip 45% by 2022. Vertical integration is key to VRFB costs.