Prices of Lithium-ion (Li-ion) cells will drop down by around 46% in the ongoing decade. The price of Li-ion cells in 2020 is between the range of US$ 98.6 – 192.3 per kWh. The average […]
The United States gave the green light to the construction of its largest solar power project. The project consists of 690 MW solar capacity and 380 MW battery storage. The project has been named the […]
Large-scale battery storage LCOE, Post No. 892, has fallen to $150/MWh which is halved compared to two years ago. The combination of lithium-ion battery storage with solar or wind power becomes, therefore, more competitive with […]
Referring to our previous post, No. 827, lithium-ion battery price dropped down by 85%during the past decade. This drives more attention towards extending and developing storage solutions. In one of the recent analyses, the National […]
Interested in the history of alternative large scale batteries? Did you know that World’s first Compressed Air Energy Storage (Huntorf’s CAES) plant was built in 1978? It was designed to store extra energy in Elsfleth, […]
Compressed Air Energy Storage (CAES) system utilizes excess electricity in the grid to compress the ambient air in an underground reservoir, called the underground cavern. The underground cavern must be strong enough to withstand the […]
Lithium-ion (Li-ion) batteries are used in electronic devices and electric vehicles (EVs). EV’s Li-ion battery prices are commonly considered in the packed-form. For instance, the battery-pack price for EV is stated cost ($) per kilowatt-hour […]
The U.K plans to reach supplying 70-80% of its electricity demand through renewable electricity by 2050. Until recently, renewables accounted for a quarter of the countries electricity mix. However, the U.K currently has 3 GW […]
Ever heard of instability of renewables power production, due to weather conditions? Well yes, that’s a disadvantages of renewables, especially Solar & Wind, but there is a solution that a union of Norwegian companies, lead […]
In an electrolysis process, the water molecule can be split into hydrogen and oxygen by the use of electricity. This process has high energy demand. Thanks to the descending trend of the renewable energy price, […]
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