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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.

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DOE seeks to cut cost of Level 2 EV charging equipment in half in 3 years; $12M FOA

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The Grid Integration Tech Team (GITT), comprising the domestic automotive industry, electric utilities, and DOE programs and national laboratories, identifies two major task areas that need to be undertaken to achieve its vision of transitioning EVs from early market acceptance to mainstream adoption of millions of vehicles by 2020.

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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

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Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). This is a new era of dispatchable renewables, based on new contract structures between developer and grid.

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Pike forecasts electric vehicle charging station installations to reach 7.7M worldwide by 2017; price drops of 37%

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A new report from Pike Research forecasts that by 2017 more than 1.5 The firm had earlier forecast more than 5.1 EVSE prices will fall by 37% through 2017 as costs are driven lower by competition from large electronics companies as well as volume production. Source: Pike Research. Click to enlarge. million locations worldwide.

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Ricardo, National Grid study explores market potential for grid-balancing services for plug-in vehicles

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The report, Bucks for balancing: can plug-in vehicles of the future extract cash—and carbon—from the power grid? , is based on a research collaboration between a team of engineers from Ricardo and National Grid, the operator of the high voltage electricity transmission system within Great Britain (GB). Click to enlarge.

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Pike Research forecasts $18B market in 2020 for advanced lead-acid batteries, 58% in transportation

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In a new report, Pike Research forecasts that the advanced lead-acid battery (LAB) market will expand at a compound annual growth rate (CAGR) of 19.8% By 2020, Pike Research forecasts that advanced lead-acid batteries will capture roughly 25% of the global battery-based grid storage market, a small subset of the broader energy storage market.

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IHS Automotive forecasts global production of plug-in vehicles to rise by 67% this year

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Global electric vehicle production forecast for 2014. Although the product is more expensive than a domestic AC charger, suppliers are confident that the cost of a domestic DC charger can be brought down over time, with installations likely in Europe and China. Electric (Battery) Forecasts Hybrids Manufacturing Plug-ins'

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