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

When leasing or buying a car, it's important to consider not just the sticker price, but the long-term recurring costs, such as gas and maintenance. Deciding how we're going to invest in clean energy storage requires a similar analysis, say researchers at Imperial College London. They developed a model to determine the lifetime costs of 9 electricity storage technologies for 12 different applications between 2015 and 2050. The model, which predicts lithium-ion batteries to be the cheapest technology in the coming decades, appears January 9 in the journal Joule, and is available open access (http://bit.ly/2sj6vm3).

from Energy & Green Tech News - Energy Sciences News, Green Tech, Energy, Energy Science http://bit.ly/2M78bIJ

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