gas cars

Electric cars and power outages

October 21, 2024 By EarthWise Leave a Comment

As more and more cars are powered by electricity instead of gasoline, people are beginning to worry about what happens during power outages caused by storms and other disruptive events. It is easy to jump to the conclusion that this is a brand-new problem for drivers. However, when electricity goes out over a sizeable area, most gas pumps stop working and it isn’t easy to keep gas cars running either.

Electric cars are often charged at home every day and such cars are more likely to be almost fully charged than nearly depleted at any time. For those drivers, a power failure is unlikely to be much of a concern unless it persists for a very lengthy period. On road trips, unless a power outage extends over a very wide area, one can probably get to a charger that is still operating.

Nonetheless, the federal government has commissioned researchers at Iowa State University to study potential solutions to possible difficulties in keeping electric cars running during power failures. The goal of the study is to find ways to reduce the outage frequency of chargers by 75% and the power restoration time by 50%.

The study will evaluate the resiliency of charging stations in extreme weather events and identify ways to quickly restore power to charging stations in the event of outages. Included are onsite solar power and battery storage at chargers as well as redundant power lines from different electrical substations. There is even the possibility of trucks delivering pre-charged batteries to charging stations after a storm. Identifying and developing technologies to improve the resilience of charging stations is an important goal as the transition to electric vehicles continues.

***********

Web Links

Researchers working to keep electric vehicles charging, even when the lights go out

Photo, posted July 29, 2013, courtesy of Jeff Cooper via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio

EV battery costs continue to drop

January 10, 2024 By EarthWise Leave a Comment

Electric vehicles have historically been more expensive than their gas-powered counterparts primarily because of the cost of the batteries that power them. Today’s EV battery packs range in size from about 40 kWh to as much as 200 kWh, where kWh measure the amount of energy stored in pack.

The batteries in EVs are lithium-ion batteries, the same technology used to power cell phones, tablets, and computers. A decade ago, the batteries averaged $668 per kilowatt-hour and packs as large as those in some of today’s vehicles were simply unthinkable from a price standpoint.

Over the years, government subsidies, increased competition, higher volume, improvements in battery technology, and reductions in the cost of raw materials such as lithium have combined to drive continuous and dramatic reductions in battery costs. By March 2022, the average price for lithium-ion batteries was $146 per kWh. This past August, battery costs broke the $100 per kilowatt-hour barrier.

Industry analysts have long maintained that once the $100 barrier has been reached, EVs could achieve price parity with their fossil-fuel counterparts. Electric cars would no longer be more expensive to buy than equivalent gas cars.

Projections are that battery prices will continue to fall by something like 10% a year for the rest of this decade. All else being equal, EVs should be cheaper to buy than gas cars. Of course, they have already been cheaper to operate for a long time.

None of this means that car prices will go down in general. That will depend on trends in inflation and those are pretty hard to predict.

**********

Web Links

EVs Set to Match Gas Guzzlers in Price as Battery Costs Plummet

Photo, posted May 9, 2018, courtesy of Flickr.

Earth Wise is a production of WAMC Northeast Public Radio

Cheaper Electric Cars | Earth Wise

January 18, 2022 By EarthWise 1 Comment

The price of the batteries that power electric cars has fallen by about 90% since 2010. This continuing trend will eventually make EVs less expensive than gas cars.

For many years, researchers have estimated that when battery packs reach the price of $100 per kilowatt-hour of energy storage, electric cars will cost about the same as gasoline-powered vehicles. In 2021, the average price of lithium-ion battery packs fell to $132 per kilowatt-hour, down 6% from the previous year. According to analysts, batteries should hit the average of $100 as soon as 2024.

It is not the case that as soon as the $100 level is reached, EVs will abruptly reach cost parity. Across different manufacturers and vehicle types, the price shift will occur at different rates. However, by the time batteries reach $60 a kilowatt-hour, EVs will be cheaper than equivalent gasoline models across every vehicle segment.

It is not known exactly when EVs will cost less than gasoline models, but there is little doubt that this point is coming. We have only been talking about the purchase price of a new vehicle. When one looks at the total cost of ownership of a vehicle, including fuel, insurance, maintenance, and depreciation, it is a different story.

Because of savings on fuel and maintenance, EVs are already in many if not most cases cheaper to own than gas-powered cars. The Department of Energy provides an online calculator to help consumers estimate the cost differences between gasoline and electricity.

In any case, the number of electric cars on the market is increasing and the number of gas-powered cars will be shrinking. Sooner or later, we will all drive electric.

**********

Web Links

Inside Clean Energy: Batteries Got Cheaper in 2021. So How Close Are We to EVs That Cost Less than Gasoline Vehicles?

Photo, posted July 29, 2017, courtesy of Steve Jurvetson via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio.