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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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New long-duration, extended capacity Na-Al battery design for grid storage

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The new battery design could help ease integration of renewable energy into the electrical grid at lower cost, using Earth-abundant metals, according to a study just published in Energy Storage Materials. h is achieved with an estimated raw active materials cost of $7.02 mAh cm −2 , a discharge duration of 28.2 Weller et al.

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DOE releases Energy Storage Grand Challenge Roadmap; 44% reduction in manufactured cost for 300-mile EV pack by 2030

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DOE also released two companion ESGC reports: the 2020 Grid Energy Storage Technology Cost and Performance Assessment and the Energy Storage Market Report 2020. kWh levelized cost of storage for long-duration stationary applications, a 90% reduction from 2020 baseline costs by 2030.

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Japan team evaluates battery-assisted low-cost hydrogen production from solar energy

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The results from this study suggested a cost of hydrogen as low as ¥17 to ¥27/Nm 3 (US$0.16 - $0.25) using a combination of technologies and the achievement of ambitious individual cost targets for batteries, PV, and electrolyzers. For comparison, the US DOE’s 2020 target for the levelized cost of hydrogen (production only) is $2.30/kg.

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Canadian startup launches INDIEGOGO funding campaign for low-cost electric self-charging solar tricycle produced in Pakistan

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The team projects that the high-efficiency vehicle will have a a minimum unit cost of only $1,400 to produce—the price of an average mountain bike—once the funding goal is reached. Charging time from the grid is 4.4 The VEGAN is a lightweight multipurpose hybrid electric-self-charging solar tricycle.

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How HummingbirdEV uses modular platforms and micro-factories to lower the cost of commercial EVs

Charged EVs

The company is laser-focused on keeping costs down, and a key part of that strategy involves setting up micro-factories to serve specific customers, and building local supply chains. They’re getting into the market with the wrong technology and high capital investment costs. For us it’s just the cost. Now, how do we go there?

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DOE awarding $35M to 11 projects for hydrokinetic turbine development; ARPA-E SHARKS

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Hydrokinetic energy is an abundant renewable resource that can boost grid resiliency and reduce infrastructure vulnerability, but it is currently a cost prohibitive option compared to other energy generating sources. These methodologies will significantly decrease the levelized cost of energy (LCOE) of the final HKT design.

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