nuclear-news

The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

Energy storage now making renewable energy cost competitive

Renew Economy 30th June 2017, Global research institute McKinsey & Company has analyzed current energy
storage prices and concluded that commercial customers are already feeling
the economic benefits of cheaper batteries and recent price falls in
lithium-ion technology.

With battery-pack costs now down to less than
$230/kWh – compared to around $1,000/kWh as recently as 2010 – storage
uptake is on the rise across Europe, Asia and the U.S. This growth is being
facilitated by a greater uptick in electric vehicle (EV) adoption, with
major players now scaling-up their lithium-ion manufacturing capacity in
order to meet demand.
http://reneweconomy.com.au/energy-storage-already-cost-competitive-commercial-sector-finds-study-20246/

Advertisements

July 3, 2017 - Posted by | 2 WORLD, energy storage

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: