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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. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh. The good news is that things are starting to change.

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Plug In 2008

Plug In Partners

T he Plug in 2008 National PHEV Conference in San Jose by most accounts was a big success. Electrically powered vehicles are going to provide tremendous benefit and excitement for the customer, while also hastening the move to a more diverse choice of energy alternatives,” said Jon Lauckner, GM vice president of Global Programs.

2008 100
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USDA providing $9.6M to create 9,000 acres of BCAP project areas for non-food energy crop production

Green Car Congress

The announcement provides the opportunity to expand the use of non-food, energy crops for liquid biofuels and to help meet state mandated Renewal Portfolio Standards (RPS). REPREVE Renewables, based in Georgia, also is the sponsor of the project’s accompanying environmental assessment. USDA’s Farm Service Agency (FSA) administers BCAP.

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XG Sciences and Oak Ridge National Laboratory launch joint-development program for advanced titanium/graphene composite materials

Green Car Congress

Multiple different approaches to creating titanium MMCs have been used, including the use of SiC particles (Poletti, 2008) and carbon nanotubes. The program is jointly supported by XG Sciences and the US Department of Energy. and the Georgia Institute of Technology. and the Georgia Institute of Technology. Earlier post.).

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UT Austin to lead $58M study of methane hydrate in Gulf of Mexico; $41M from DOE

Green Car Congress

The US Department of Energy (DOE) is providing $41,270,609, with the remainder funded by industry and the research partners. Estimates vary on the amount of energy that could be produced from methane hydrate worldwide, but the potential is huge. Accordingly, other countries with high energy demands or limited resources—e.g.

Mexico 294
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NRC vote clears way for issuance of two Combined Licenses for new nuclear reactors at Vogtle

Green Car Congress

In a 4-1 vote, the Nuclear Regulatory Commission (NRC) found NRC staff’s review adequate to make necessary regulatory safety and environmental findings on Southern Nuclear Operating Company’s (SNC) application for two Combined Licenses (COL) at the Vogtle site in Georgia. Earlier post.). Earlier post.).

2011 199
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Range Fuels Closes on $80M Loan Guaranteed by USDA for Cellulosic Biofuels Plant

Green Car Congress

The proceeds from the $80 million bond will be used to partially finance the first two phases of construction of Range Fuels’ first commercial cellulosic biofuels plant using renewable and sustainable supplies of non-food biomass near Soperton, Georgia.

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