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

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In a recent analysis, Fraunhofer ISI concludes that battery-electric drives will become established in heavy-duty applications in the commercial vehicle sector and that fuel cells will remain a niche application. The decisive factor for the switch to battery-electric vehicles is the energy cost advantage compared to hydrogen and diesel.

Hydrogen 448
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JERA and Toyota deploy first large capacity Sweep Energy Storage System with second-life batteries

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JERA, the largest power generation company in Japan, responsible for about 30% of Japan’s electricity, and Toyota Motor have built and deployed the first large-capacity “Sweep Energy Storage System”. The project plans to operate grid storage batteries for recharge and discharge operations, connected to the Chubu Electric Power Grid Co.,

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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

Low Cost 403
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Volkswagen Group presents technology roadmap for batteries and charging

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The Volkswagen Group presented its technology roadmap for batteries and charging up to 2030 today on its first “Power Day”. The goal of the roadmap is to reduce the complexity and cost of the battery significantly in order to make the electric car attractive and viable for as many people as possible.

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Cornell team develops framework for incorporating wireless charging road system into real-time electricity market

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The simulation study demonstrates that efficient control of the energy storage system not only reduces the energy costs of the entire wireless charging road system but also alleviates the pressure produced by the wireless charging load on the existing power grid.

Market 321
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Study finds all-electric rideshare fleet could reduce carbon emissions, but increase traffic issues

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They used the model and the data to estimate the life cycle air pollution, greenhouse gas, and traffic externality benefits and costs of serving rides based on Chicago TNC trip data from 2019 to 2022 with fully electric vehicles. A paper on their work is published in the ACS journal Environmental Science & Technology. —Mohan et al.

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