The cost of energy for zinc bromine and vanadium batteries, two types of flow batteries, can exceed 1,000 U.S. dollars per kilowatt-hour. By comparison, energy cost for lithium-ion batteries averages 150 U.S. dollars per kilowatt-hour. Sodium-ion batteries account for the smallest energy cost, as well as for the longest lifetime and largest efficiency.
Energy cost of battery energy systems worldwide in 2023, by technology
(in U.S. dollars per kilowatt-hour)
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The Faraday Institution, & Rho Motion. (September 14, 2023). Energy cost of battery energy systems worldwide in 2023, by technology (in U.S. dollars per kilowatt-hour) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1423073/energy-cost-for-battery-energy-systems/
The Faraday Institution, und Rho Motion. "Energy cost of battery energy systems worldwide in 2023, by technology (in U.S. dollars per kilowatt-hour)." Chart. September 14, 2023. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1423073/energy-cost-for-battery-energy-systems/
The Faraday Institution, Rho Motion. (2023). Energy cost of battery energy systems worldwide in 2023, by technology (in U.S. dollars per kilowatt-hour). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1423073/energy-cost-for-battery-energy-systems/
The Faraday Institution, and Rho Motion. "Energy Cost of Battery Energy Systems Worldwide in 2023, by Technology (in U.S. Dollars per Kilowatt-hour)." Statista, Statista Inc., 14 Sep 2023, https://www.statista.com/statistics/1423073/energy-cost-for-battery-energy-systems/
The Faraday Institution & Rho Motion, Energy cost of battery energy systems worldwide in 2023, by technology (in U.S. dollars per kilowatt-hour) Statista, https://www.statista.com/statistics/1423073/energy-cost-for-battery-energy-systems/ (last visited December 23, 2024)
Energy cost of battery energy systems worldwide in 2023, by technology (in U.S. dollars per kilowatt-hour) [Graph], The Faraday Institution, & Rho Motion, September 14, 2023. [Online]. Available: https://www.statista.com/statistics/1423073/energy-cost-for-battery-energy-systems/
