Thursday, December 19, 2013

Utility Scale Battery Storage Competitive with Gas

EOS Battery. Click to enlarge.
The cost of battery storage is falling quicker than most analysts presume and could be competitive with gas-fired generation –  even in the US, where gas prices are low – within the next 18 months.

That’s the prediction of Steve Hellman, the president of battery storage start-up EOS Energy Storage, which intends to launch its zinc-air battery next year with a price of $200-$250/kWh. 

EOS has grabbed the attention of the renewables and the mainstream energy industry with its battery product, which undercuts the pricing of lithium-ion batteries by a significant margin.

Utility Scale Battery Storage Competitive with Gas

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