article thumbnail

IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

Green Car Congress

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.

article thumbnail

Fraunhofer analysis finds battery-electric trucks have energy cost advantage over hydrogen trucks

Green Car Congress

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.

Hydrogen 448
article thumbnail

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

Green Car Congress

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 to US$3.00/kg

Low Cost 403
article thumbnail

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

Green Car Congress

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.

Market 321
article thumbnail

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

Green Car Congress

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.

Wind 286
article thumbnail

DOE to award up to $180M for offshore wind demo projects; targeting lowering levelized cost of energy (LCOE) below 10¢/kWh

Green Car Congress

DOE is focusing this latest research and demonstration initiative on innovative technologies that will achieve large cost reductions over existing offshore wind technologies. LCOE is the sum of all annual costs divided by the amount of electricity produced per year.). waters in the most rapid and responsible manner possible; and.

Wind 218
article thumbnail

Berkeley study finds self-driving electric taxi fleets in Manhattan would deliver significant cost and environmental benefits

Green Car Congress

Researchers at the Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab) and UC Berkeley have analyzed the cost, energy, and environmental implications of a fleet of self-driving electric vehicles operating in Manhattan. This greatly reduces the need to have a big battery and therefore drives down cost.

Taxi 199