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Beyond the cell: The evolution of battery costs
For years, the battery energy storage (BESS) story has followed a familiar script: costs fall, deployment accelerates, economics improve. Yet with rising costs for battery cells, the opposite might be expected. Paola Perez Peña, senior principal analyst at S&P Global Energy, examines why the latest jump in lithium prices has only had limited impacts on overall BESS costs so far.
US medium duration storage endures woes, while Form’s long duration grows, and lithium overflows
U.S. medium and long duration manufacturers EOS and ESS are showing stress, while Form Energy is outpacing projections and now must scale – all while being stalked by lithium’s ever widening use profile.
EU to cover only 21.4% of battery demand by 2030 despite global market surge; costs remain up to 50% higher than Asia
A report from the European Commission's Joint Research Centre (JRC) warns of the urgent need to accelerate battery manufacturing in the European Union to achieve a solid competitive position against powers such as China or the United States.
Australia’s PowerPlus secures grant to triple battery production capability
Australian battery designer and manufacturer PowerPlus Energy has secured $2.3 million in federal government funding that will support its plans to triple annual battery module production capacity to 150 MWh over the next two years.
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ESS Inc, ESI partner on 3.2 GWh iron flow battery manufaturing site in Australia
Under construction long-duration storage manufacturing site secures AUD 65 million ($45 million) in public and private funds, including AUD 25 million from state government. ESS Inc confirms to ESS News it has ambitions to manufacture in Europe.
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China to host 1.6 GW vanadium flow battery manufacturing complex
The all-vanadium liquid flow industrial park project is taking shape in the Baotou city in the Inner Mongolia autonomous region of China, backed by a CNY 11.5 billion ($1.63 billion) investment. Meanwhile, China's largest vanadium flow electrolyte base is planned in the city of Panzhihua, in the Sichuan province.
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Large-capacity battery storage, variety of C&I solutions at China’s EESA EXPO
This year’s edition of the China International Energy Storage Expo (EESA EXPO) has underlined the latest energy density achievements in the battery energy storage space on both cell and system levels. Meanwhile, the sheer number of commercial and industrial (C&I) systems on display spoke of growing demand in this market segment. Alternative lithium-ion battery chemistries were not easy to find.
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