Li-ion Batteries

Smart Cities

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Predictions Suggest a Sharp Fall in Energy Storage Costs

A report published by the Australian Renewable Energy Agency last week predicts a “mega-shift” to energy storage adoption, driven by demand. The report expects to see the costs of lithium-ion batteries fall by 60% in less than 5 years, and by 40% for flow batteries, and all this without significant changes in chemistry and technology, […]

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