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ICL model predicts lithium-ion batteries most competitive for storage applications by 2030

  • Green Car Congress faviconGreen Car Congress

    By mmillikinJan 10, 2019, 5:30 am583 ptsHot
    photo of ICL model predicts lithium-ion batteries most competitive for storage applications by 2030 imageResearchers at Imperial College London (ICL) developed a model to determine the lifetime costs (i.e., levelized cost)—as opposed to the investment cost—of 9 electricity storage technologies for 12 different applications between 2015 and 2050. The model predicts lithium-ion batteries to be the cheapest…
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