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Market Update: How Battery Pack Costs Declined Since 2008

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Electric vehicles, renewable energy systems, and grid energy storage all rely on efficient and affordable energy storage solutions, primarily lithium-ion batteries. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh. Historical data is an eye-opener.

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Rio Tinto to invest $1 billion over 5 years to help meet new climate change targets

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Under these targets, Rio Tinto’s overall growth between now and 2030 will be carbon neutral. Produce materials essential for a low-carbon future. The production of aluminium, copper and high-grade iron ore will play a part in the transition to a low carbon economy. Reduce the carbon footprint of operations.

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EnerG2 nano-structured hard carbon boosts Li-ion anode capacity by >50% compared to standard graphite

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A chart from EnerG2’s 2012 DOE Merit Review presentation shows different pore profiles for different energy storage applications. Engineering surface area, pore size distribution, and total pore volume can deliver carbon material with a broad range of surface properties. Click to enlarge.

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UK and China launch 3-year, £20M low carbon innovation program

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The UK and China have agreed to a new £20-million (US$33-million) three-year program that will support research to develop new low carbon manufacturing processes and technologies, low carbon cities and offshore renewables in the two countries. million (US$9.4

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USABC Issues Requests for Proposal Information for Four Energy Storage Projects for Hybrid, Plug-in Hybrid and Electric Vehicles

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USABC has carried out a number of battery development programs, focusing on low-cost and long-life batteries with varying power-to-energy ratios. The USABC is currently working under a cooperative agreement with the United States Department of Energy (DOE) for the development of high performance batteries. Click to enlarge.

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European Researchers Developing Multifunctional Structural Composite Material That Can Double as Energy Storage

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Researchers from Imperial College London and their European partners, including Volvo Car Corporation, are developing a prototype multifunctional structural composite material composed of carbon fibers and a polymer resin which can store and discharge electrical energy and which is also strong and lightweight enough to be used for car parts.

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California Energy Commission awards more than $1.8M additional funding to further UCSD microgrid project; energy storage, EV charging and V2G services are components

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These funds will be invested, in part, in analyzing multiple stand-alone energy storage technologies to further improve the microgrid. It provides a crucial real-life demonstration of technology that can help to provide California a future of clean, sustainable and reliable energy. —Energy Commission Chair Robert B.