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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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Faradion receives first order for sodium-ion batteries for Australian market

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the leader in sodium-ion (Na-ion) battery technology, has received its first order from ICM Australia for high-energy sodium-ion batteries for use in the Australian market. ICM Australia expects a range of Faradion sodium-ion batteries to be available for the Australasian market later in the year. UK-based Faradion Ltd.,

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New long-duration, extended capacity Na-Al battery design for grid storage

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The new battery design could help ease integration of renewable energy into the electrical grid at lower cost, using Earth-abundant metals, according to a study just published in Energy Storage Materials. h is achieved with an estimated raw active materials cost of $7.02 mAh cm −2 , a discharge duration of 28.2

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SAFE and the EC report recommends policies to advance adoption of vehicle-to-grid technology

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SAFE and the Electrification Coalition (EC) released a report highlighting policy opportunities to accelerate the adoption of vehicle-to-grid (V2G) technology. The technology can help accelerate the adoption of EVs by unlocking these and other new value streams for EV owners and mitigating the total cost of ownership.

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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. —Shi and Gao (2022).

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NY state to award $12M to advance EV adoption and integration with the grid

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New York Governor Kathy Hochul announced a $12-million initiative to support the development and demonstration of innovative, replicable solutions that advance electric vehicle adoption and the integration of electric vehicles with the electric grid. ( on 12 September 2023.

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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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In a paper in Nature , they suggest that the use of such redox-active organic molecules instead of redox-active metals represents a new and promising direction for realizing massive electrical energy storage at greatly reduced cost. —Huskinson et al. Background.

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