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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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The decisive factor for the switch to battery-electric vehicles is the energy cost advantage compared to hydrogen and diesel. The maximal capabilities of trucks powered by hydrogen fuel cells, and diesel or synthetic fuels are also indicated, as well as electric road systems. They exceed the purchase costs many times over.

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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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Highview Power and Encore Renewable Energy to co-develop the first long-duration, liquid-air energy storage system in US

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Highview Power Storage, Inc., Highview Power’s proprietary liquid air energy storage system, called CRYOBattery, relies on low-risk, proven technology, generates zero emissions, has zero water impact and can be delivered at a cost of approximately half of the current cost of traditional lithium-ion batteries.

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

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Researchers at Cornell have developed a coupled transportation–power system framework for incorporating a wireless charging road system into the real-time electricity market. In addition, they propose an optimization-based control strategy to manage the energy storage system in a cost-efficient manner. Jie Shi, H. 2022.119619.

Market 321
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CMU researchers find controlled charging of PHEVs can cut cost of integration into electricity system by 54-73%; higher benefits with wind power

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In a new study published in the journal Applied Energy , Carnegie Mellon University (CMU) researchers found that controlled charging of plug-in hybrid electric vehicles (PHEVs) reduces the costs of integrating the vehicles into an electricity system by 54–73% depending on the scenario. —Weis et al. Weis et al. Click to enlarge.

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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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