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Fukushima Hydrogen Energy Research Field (FH2R) completed in Japan; aiming for low-cost green hydrogen production; P2G

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The FH2R can produce as much as 1,200 Nm 3 of hydrogen per hour (rated power operation) using renewable energy. Renewable energy output is subject to large fluctuations, so FH2R will adjust to supply and demand in the power grid in order to maximize utilization of this energy while establishing low-cost, Green hydrogen production technology.

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

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Researchers from Japan’s NIMS (National Institute for Materials Science), the University of Tokyo and Hiroshima University have jointly conducted a techno-economic analysis for hydrogen production from photovoltaic power generation (PV) utilizing a battery-assisted electrolyzer. This approximately converts to US$1.92 to US$3.00/kg to US$3.00/kg

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Fraunhofer analysis finds battery-electric trucks have energy cost advantage over hydrogen trucks

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The decisive factor for the switch to battery-electric vehicles is the energy cost advantage compared to hydrogen and diesel. They exceed the purchase costs many times over. The better the vehicles are utilized, the more intensively, longer and more regularly they are used, the greater the energy cost advantage of e-trucks becomes.

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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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Mitsubishi Heavy to supply 500 kWh (normal) containerized Li-ion energy storage system to power grid of Orkney Islands

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MHI), jointly with SSE plc (formerly Scottish and Southern Energy plc), will begin an energy storage system demonstration project using the power grid in the UK’s Orkney Islands, which has a high proportion of renewable energy generation in relation to demand. In the project, Mitsubishi Power Systems Europe, Ltd.

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New nanoparticle copper compound cathode could enable low-cost, long-life and high-power potassium-ion batteries for grid storage

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Stationary energy storage systems that can operate for many cycles, at high power, with high round-trip energy efficiency, and at low cost are required. Cost is a greater concern. We decided we needed to develop a new chemistry if we were going to make low-cost batteries and battery electrodes for the power grid.

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MIT study concludes V2G-enabled electric commercial trucks could offer lower total operating cost than conventional diesel fleet

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A new study by researchers at MIT’s Center for Transportation and Logistics (CTL), concludes that electric commercial vehicles can cost 9 to 12% less to operate than trucks powered by diesel engines when used to make deliveries on an everyday basis in big cities and when V2G (vehicle-to-grid) revenue is incorporated.

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