article thumbnail

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. 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.

2008 52
article thumbnail

Hybrid DLC-Battery Energy Storage System for Streetcars

Green Car Congress

Siemens earlier this year launched a new hybrid energy storage system for streetcars that combines a double-layer capacitor (DLC) and NiMH battery pack. Streetcars equipped with the Sitras HES hybrid energy storage system can be driven up to 2,500 meters (1.6 miles) without an overheadcontactt line (OCL).

article thumbnail

Xcel Terms First Phase of Sodium-Sulfur Battery Wind Energy Storage Test Project Successful

Green Car Congress

Xcel Energy has released the preliminary results from its wind-to-battery (W2B) storage project in Minnesota, and termed the technology successful. We have proved that this technology can perform the functions of storage that we were looking for to help us manage the variability of wind energy on our operating system.

article thumbnail

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

Green Car Congress

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.

article thumbnail

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

Green Car Congress

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.

article thumbnail

IBM Almaden Lab Exploring Lithium-Air Batteries for Next-Generation Energy Storage

Green Car Congress

Leveraging expertise in materials science, nanotechnology, green chemistry and supercomputing, scientists at IBM Research’s Almaden lab in San Jose, California, are undertaking a multi-year research initiative around a grid-scale, efficient, affordable electrical energy storage network. Takeshi Ogasawara et al.

article thumbnail

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

Green Car Congress

To speed up the development of flow energy storage battery technology, the research team and the Industrial Investment Co., set up Dalian Raycom Energy Storage Technology Development Co., in October 2008, specializing in fluid engineering and industrial storage batteries.