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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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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. The design permits larger amounts of energy to be stored at lower cost than with traditional batteries.

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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 Weller et al.

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Japan team evaluates battery-assisted low-cost hydrogen production from solar energy

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The results from this study suggested a cost of hydrogen as low as ¥17 to ¥27/Nm 3 (US$0.16 - $0.25) using a combination of technologies and the achievement of ambitious individual cost targets for batteries, PV, and electrolyzers. For comparison, the US DOE’s 2020 target for the levelized cost of hydrogen (production only) is $2.30/kg.

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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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DOE also released two companion ESGC reports: the 2020 Grid Energy Storage Technology Cost and Performance Assessment and the Energy Storage Market Report 2020. kWh levelized cost of storage for long-duration stationary applications, a 90% reduction from 2020 baseline costs by 2030.

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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. They exceed the purchase costs many times over. The better the vehicles are utilized, the more intensively, longer and more regularly they are used, the greater the energy cost advantage of e-trucks becomes.

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Fiat Chrysler and Italian grid operator Terna partner on V2G trials

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The CEO and General Manager of Terna, Luigi Ferraris, and the Chief Operating Officer of Fiat Chrysler Automobiles (FCA) in EMEA, Pietro Gorlier, signed a Memorandum of Understanding for the joint trialing of sustainable mobility services and technologies such as Vehicle-to-Grid (V2G).

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