Scientists lower price of lithium's best competition - flow batteries - by 20%. Makes the battery effectively equal to or cheaper than lithium ion when spread over 30 years (flow battery lifetimes are effectively infinite with light repowering efforts).
spectrum.ieee.orgSubmitted by PorkyPigDid911 t3_10ogkyl in Futurology
PorkyPigDid911 OP t1_j6egctk wrote
I like lithium batteries because they're scaling and have dual uses - transportation and stationary storage. That we have so many vehicles moving so much stuff means even if lithium batteries have more material cost, they're going to scale so hard and become so well designed due to the HUGE amounts of money floating around them.
I like flow batteries because they run forever with just basic upgrades - versus lithium which currently needs to be heavily repowered after a decade or so (replacing battery modules a third of the cost of a deployed grid sized battery install). Flow batteris aren't as energy dense as lithium - but that's ok for stationary batteries. One benefit that flow batteries will get from the energy industry - ist aht even though lihtium ion will have more capacity being manfuactured due to transportation, the energy industry is large enough that even players #2/3/4 have a space to make big bucks (like coal is #1 for electricity these days, but gas, nuclear, hydro, wind, and solar all make bank too).