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Sodium-ion batteries face uphill struggle to beat lithium-ion on cost

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).

Where will lithium-ion battery prices go in 2025?

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.

Fluence to optimise Akaysha Energy’s battery assets

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.

Tesla releases Powerwall 3 expansion units for more capacity at lower price

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.

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LG Chem develops material capable of suppressing thermal runaway in batteries

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.

South Korea’s biggest battery comes online

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.

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Most home battery storage systems meet warranty claims, new research finds

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.

COP29 to propose 1.5 TW energy storage target by 2030

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.

China connects first large-scale flywheel storage project to grid

The 30 MW plant is the first utility-scale, grid-connected flywheel energy storage project in China and the largest one in the world.

Envision pushes energy storage density to new highs with 8 MWh, 20-foot container

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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