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ICL model predicts lithium-ion batteries most competitive for storage applications by 2030

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Researchers at Imperial College London (ICL) developed a model to determine the lifetime costs (i.e., levelized cost)—as opposed to the investment cost—of 9 electricity storage technologies for 12 different applications between 2015 and 2050. Credit: Schmidt et al. —senior author Iain Staffell.

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Nano One to acquire Johnson Matthey Battery Materials Canada; JM takes stake in AEM electrolyzer pioneer Enapter

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Battery materials company Nano One Materials has entered into a binding agreement to acquire all of the outstanding shares of Johnson Matthey (JM) Battery Materials Ltd. In November 2021, Johnson Matthey decided to exit the battery materials business, and has been working since to find a buyer or multiple buyers for its related assets.

Canada 199
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BMW i home energy storage system integrates 2nd-life i3 vehicle batteries

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BMW i announced a home stationary energy storage system solution integrating its BMW i3 vehicle battery at EVS 29 in Montréal. The system utilizes BMW i3 high-voltage batteries and can be expanded to incorporate second-life batteries as they become available in the market.

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DOE releases Energy Storage Grand Challenge Roadmap; 44% reduction in manufactured cost for 300-mile EV pack by 2030

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With six use cases that identify energy storage applications, benefits, and functional requirements for 2030 and beyond, the ESGC has identified cost and performance targets, which include: $0.05/kWh kWh levelized cost of storage for long-duration stationary applications, a 90% reduction from 2020 baseline costs by 2030.

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Harvard team demonstrates new metal-free organic–inorganic aqueous flow battery; potential breakthrough for low-cost grid-scale storage

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Researchers at Harvard have demonstrated a metal-free organic–inorganic aqueous flow battery—a quinone–bromide flow battery (QBFB)—as an example of a class of energy storage materials that exploits the favorable chemical and electrochemical properties of a family of molecules known as quinones. Huskinson et al.

Low Cost 374
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DOE announces 15 Phase 1 semifinalists of Geothermal Lithium Extraction Prize

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Lithium, a critical material used in high-charge-density batteries for electric vehicles and grid-scale electricity storage, is a crucial element in the clean energy supply chain. As domestic demand increases rapidly, there is an urgent need to develop safe, secure, domestic, and cost-competitive sources of lithium.

Wyoming 199
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Eos Energy Storage introduces grid-scale battery system at $160/kWh

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Eos’s standard Aurora 1000|4000 product, a containerized 1 MW DC battery system providing four continuous hours of discharge, offers a cost-effective energy storage solution competitive with gas peaking generation and utility distribution infrastructure. The Aurora 1000|4000 will be sold at a price of $160/kWh in volume.