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Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

Electric vehicles, renewable energy systems, and grid energy storage all rely on efficient and affordable energy storage solutions, primarily lithium-ion batteries. The US Department of Energy’s Vehicle Technologies Office reported a remarkable 89% decrease in the cost of electric vehicle lithium-ion battery packs between 2008 and 2022.

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Nissan and ENEL announce V2G system, launch smart grid trials in Europe

Green Car Congress

At the 21 st UN Conference on Climate Change (COP21) in Paris this week, Nissan announced the development of a Vehicle-to-Grid (V2G) system which will allow drivers to operate as individual energy hubs with the ability to store, use or return electricity to the grid. Endesa 10 kW bidirectional charging point for EVs.

Grid 150
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Nissan and Endesa collaborating to deliver vehicle-to-grid systems to market

Green Car Congress

The two companies have agreed to collaborate on the following activities: Introduction of V2G services in the European market; Exploring the use of second-life EV batteries for stationary applications (including households, buildings, grid); and. Designing and evaluating potential affordable energy and mobility pack offers.

Grid 150
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Endesa develops prototype charger enabling electric vehicle to return power to the grid; hoping for deployment by 2020

Green Car Congress

Endesa, Spain’s largest utility, has developed a prototype V2G (Vehicle to Grid) charger that enables electric vehicles to return stored power to the grid. The development of a sustainable transport policy is a cornerstone of Endesa’s 2008-2012 Strategic Sustainability Plan.

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Two solar power/EV charging projects at California campuses

Green Car Congress

The CSUF installation also includes solar-powered electric vehicle (EV) charging stations to maximize the university’s sustainability efforts. The solar energy will be used to charge vehicles directly at several sites on campus and additional sites throughout Riverside. UC Riverside.

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US DOE Awards More than $47M in Recovery Act Funding to Advance Smart Grid Development; New Smart Grid Report and Smart Grid Clearinghouse

Green Car Congress

The US Department of Energy delivered more than $47 million in funding under the American Recovery and Reinvestment Act for eight projects to further smart grid demonstration projects in seven states. The $47 million in new Recovery Act awards will support existing projects that are advancing demonstration-scale smart grid technologies.

Grid 150
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DICP vanadium redox flow battery hits 10,000 charge/discharge cycle mark

Green Car Congress

Researchers at the Dalian Institute of Chemical Physics (DICP) of the Chinese Academy of Sciences report that a 2 kW vanadium redox flow battery under development there for grid storage has been in operation for 1,429 days as of 4 June, with a total running time of more than 34,000 hours and 10,000 charge/discharge cycles.