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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.

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Hydro-Québec and Sony forming JV to develop large-scale Li-ion energy storage system for power grids

Green Car Congress

Hydro-Québec and Sony Corporation will establish a joint venture to research and develop a large-scale energy storage system for power grids. Sony and Hydro-Québec plan to establish the new company in June, 2014.

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China’s first large-scale sodium-ion battery charges to 90% in 12 minutes

Baua Electric

Photo: China Southern Power Grid Energy Storage China’s first major sodium-ion battery energy storage station is now online, according to state-owned utility China Southern Power Grid Energy Storage. It’s comparable to the efficiency of common lithium-ion battery storage systems, at 85-95%.

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Volvo Buses in project researching use of second-life electric bus batteries to store solar energy

Green Car Congress

Volvo Buses is participating in a research project in which used electric bus batteries are used as solar energy storage units. Batteries from electric bus route 55 in Gothenburg, Sweden are being used for solar energy storage in a second-life application. The battery warehouse consists of 14 used lithium-ion electric bus batteries.

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Hydro-Québec launches EVLO subsidiary specializing in energy storage systems

Green Car Congress

We firmly believe that the know-how Québec has acquired with regard to batteries will help develop solar and wind power. Our products will also have useful applications in existing power grids, such as in managing consumption peaks. Energy storage will play a crucial role in the energy transition.

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False Starts: The Story of Vehicle-to-Grid Power

Cars That Think

They wanted to see whether an electric vehicle could feed electricity back to the grid. The company’s president, Tom Gage , dubbed the system “vehicle to grid” or V2G. And EV owners would become entrepreneurs, selling electricity back to the grid. And indeed, that’s how promoters of vehicle-to-grid technology perceive the EV.

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Audi opens 1.9 MWh battery storage unit on EUREF Campus in Berlin

Green Car Congress

MWh and uses used lithium-ion batteries from development vehicles to test various interaction scenarios between electric cars and the power grid. This would allow charging with solar or wind power, depending on what is available. The Audi storage unit has a capacity of 1.9 With its capacity of 1.9

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