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The Plunging Cost Of Lithium-Ion Batteries | Earth Wise

May 11, 2021 By EarthWise Leave a Comment

The cost of lithium-ion batteries is plunging

Lithium-ion batteries are the power source for phones, laptops, and electric cars.  These rechargeable batteries were first commercially introduced in 1991.  Since then, their performance has improved, and their cost has dropped tremendously.

There have been dramatic cost declines in many advanced technologies.   The price of big-screen televisions is a prime example.  Most people think of solar photovoltaic panels as the most exceptional case.  In the 1970s, solar panels cost over $100 per watt. Today, they are 20 cents a watt.

How much lithium-ion batteries have dropped in price has been somewhat unclear.  This is because much of the information about battery costs is in the form of closely held corporate data.  Most lithium-ion batteries are not sold directly to consumers but rather are built into consumer electronics and cars.  Large companies like Apple and Tesla buy batteries by the millions or manufacture them themselves, and the true costs are not publicly disclosed.

Recently, MIT researchers have carried out an extensive analysis of lithium-ion battery costs over the past three decades.  The researchers found that the cost of these batteries has dropped by 97% over that period.

It is clear that the decline in battery costs has been an enabler of the recent growth in sales of electric vehicles.  It is also clear that further declines in lithium-ion battery costs are likely to increase the batteries’ usage in stationary applications such as storing energy from intermittent green power sources like solar and wind.

The batteries have ever-improving energy density (energy stored within a given volume) and specific energy (energy stored within a given mass.)  As lithium-ion batteries continue to get better and cheaper, their role in the world continues to grow.

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Study reveals plunge in lithium-ion battery costs

Photo, posted October 26, 2020, courtesy of Ajay Suresh via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio.

Liquid Fuel From The Sun

February 21, 2019 By EarthWise Leave a Comment

Most forms of energy we use ultimately come from the sun in one way or another.  Even fossil fuels are the end product of millions of years of plant life that captured solar energy.  The advantage fossil fuels have over direct solar power is that they are, in fact, fuels and therefore can be stored for use when needed.

Scientists in Sweden have now developed a specialized fluid that absorbs some of the sun’s energy, holds it for months or even years, and then releases it when needed.  This solar thermal fuel is like a rechargeable battery for heat rather than electricity.

The special fluid is pumped through transparent tubes where ultraviolet light from the sun excites its molecules into an energized state.  A compound called norbornadiene is converted into quadricyclane. The quadricyclane is a quite stable substance until it is passed over a cobalt-based catalyst, which causes it to turn back into norbornadiene and release copious amounts of heat.

Such a solar thermal fuel could be stored in uninsulated tanks in homes or factories or piped or trucked to where it was needed.  It could then be used for water heaters, dishwashers, or clothes driers.  The room temperature fluid quickly warms to about 183 degrees when passed over the catalyst, plenty warm enough for heating a home or office.  Both the fuel and the catalyst are damaged very little by the reactions, so the process can be recycled many times.

There is much development work needed to optimize shelf life, energy density, good recyclability and other properties before this technology can be commercialized but there are at least 15 groups around the world now studying this intriguing way to get liquid fuel from the sun.

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Scientists transform sunlight into a liquid fuel that can be stored for 18 years

Photo, posted August 17, 2009, courtesy of Hiromichi Torihara via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio.

A Water-Based Battery

January 3, 2019 By EarthWise Leave a Comment

https://earthwiseradio.org/wp-content/uploads/2019/01/EW-01-03-19-A-Water-Based-Battery.mp3

The transition from fossil fuel-based power plants to clean, renewable energy sources is accelerating as both wind and solar power get cheaper and increasingly become cost-competitive with traditional power sources.   The biggest stumbling block both energy sources face is that they cannot always supply power on demand but require the sun to shine and the wind to blow.

[Read more…] about A Water-Based Battery

Better Zinc-Air Batteries

September 26, 2017 By EarthWise Leave a Comment

https://earthwiseradio.org/wp-content/uploads/2017/09/EW-09-26-17-Better-Zinc-Air-Batteries.mp3

Zinc-air batteries are metal-air batteries powered by oxidizing zinc with the oxygen from the air.  They have high energy densities (as much as five times more energy than lithium-ion batteries) and are more environmentally friendly.  Since they are based on abundant zinc, they are potentially much cheaper to produce than the lithium-ion batteries that are used in so many current applications.  But because it is difficult and expensive to produce rechargeable versions of these batteries, they have only found limited use in hearing aids, in some film cameras, and in large form to power navigation instruments, oceanographic experiments and railway signals. 

[Read more…] about Better Zinc-Air Batteries

A New Low-Cost Battery

March 15, 2017 By EarthWise

https://earthwiseradio.org/wp-content/uploads/2017/02/EW-03-15-17-A-New-Low-Cost-Battery.mp3

Batteries have never been more important.  Not only do we all depend on cell phones, tablets and laptop computers that run on batteries, but two enormous industries are in major transitions that rely upon battery technology: personal transportation and the utility industry.   The electricity grid is increasingly turning to solar and wind power for generation and both will require effective energy storage if they are to truly become the predominant sources of electricity.

[Read more…] about A New Low-Cost Battery

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