A new Stanford University study finds that there are several key routes that sodium-ion battery developers can take to compete on price, specifically against a low-cost variant of the lithium-ion battery known as lithium iron phosphate (LFP).
After tumbling to record lows in 2024 on the back of lower metal costs and increased scale, lithium-ion battery prices are expected to enter a period of stabilisation.
Battery storage developer Akaysha Energy is looking to automate wholesale market participation for a large portion of its Australian battery energy storage fleet using Fluence’s AI-powered bidding software Mosaic.
Each expansion unit adds another 13.5 kWh of storage capacity to the original installation with a maximum of three such units connected to a single Powerwall. Now available in the United States, the new product comes at a lower cost and slashes installation time by roughly half to 22 minutes.
LG Chem has announced that its Platform Technology research and development team has developed a temperature-responsive material that is described as capable of suppressing thermal runaway.
Korean utility KEPCO has completed a 978 MW battery project that is billed as Asia’s largest battery energy storage system for grid stabilisation purposes.
It took eight years of field measurements for researchers at the RWTH Aachen University in Germany to estimate the usable capacity of home battery energy storage systems and develop a dataset covering 106 system years and 14 billion datapoints. Their key finding was that home battery systems lose about two to three percentage points of usable capacity per year on average, meaning good news for the industry as most warranties in the market can be met with the implementation of capacity reserves.
This year’s UN Climate Change Conference could adopt a target to increase global energy storage capacity more than sixfold by 2030. To achieve this, the world would need to add more than 158 GW of energy-storage capacity annually.
The 30 MW plant is the first utility-scale, grid-connected flywheel energy storage project in China and the largest one in the world.
Chinese multinational Envision Energy has unveiled the world’s most energy dense, grid-scale battery energy storage system packed in a standard 20-foot container.
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