“Batteries will play a central role in accelerating renewable energy deployment”

By Mari Kristine Buckholm, Smart Innovation Norway 13. April 2018

New battery technologies are expected to offer higher energy density, faster charging, extended lifetime, and lower cost – which will be demonstrated in the INVADE pilots.

Concept design for stationary battery system. Storage electric power generated from solar and wind power. SHUTTERSTOCK

As the INVADE project seeks to integrate electric vehicles and batteries to empower storage in distribution grids, the status battery technologies and prices is worth having a look at.

In general, lithium-ion battery technologies have reached a commercial phase. There are lots of battery manufacturers and system integrators, who provide battery packs or complete energy storage systems.

Declining prices

“With current technologies, the performance is good and the cost is reasonable for many business cases. However, the technology is not fully matured yet. This can be seen, e.g., in lack of standardized products and in rapid decline of prices,” explains Ari Hentunen, Research Scientist, DSc (Tech), at VTT Technical Research Centre of Finland Ltd.

He reveals that the current prices of battery packs and complete energy storage systems for stationary applications are in the order of 600 $/kWh and 1000 $/kWh, respectively. The prices have fallen on average 10% annually and are expected to further decline at a lower rate.

“The levelized cost of stored energy is decreasing as a result of lowering prices and improvements in technology, especially in improvements in cycle life and calendar life,” Hentunen points out.

Batteries in INVADE

The VTT research scientist emphasizes that batteries can provide the flexibility that future electricity systems will need to balance the fluctuating generation of solar and wind energy.

Ari Hentunen. VTT

“Batteries will play a central role in accelerating renewable energy deployment,” he states. Which is why the use of batteries as flexibility sources will be demonstrated in the INVADE pilots.

“Lithium-ion battery is a versatile energy storage technology that can be used in a wide range of applications from fast-acting power quality to daily energy storage,” explains Hentunen.

Developing our future society

As huge amounts of lithium-ion batteries are needed in the ongoing shift from the use of fossil fuels towards sustainable transportation and renewable energy production, it is important to develop battery technologies even further.

“For example, the battery technologies need to be improved for large-scale adoption in transportation and storage,” notes Hentunen. He adds:

“New battery technologies are expected to offer higher energy density, faster charging, extended lifetime and safety, and lower cost.”

Social media

INVADE updates

@eSmart_Systems : RT @eSmart_Systems: The INVADE project is the largest Norwegian-led EU project within energy. As one of the partners, eSmart Systems was re… ( - 2 months ago)

@Greenfluxinfo : RT @Greenfluxinfo: The Smart Charging trial with @INVADEH2020 has proven that smart charging is the only solution necessary to prevent gri… ( - 3 months ago)

@CIT_UPC : RT @CIT_UPC: This is INVADE Project, finalist at #enerTICAwards: Integrated electric vehicles and batteries to empower distributed and cent… ( - 5 months ago)

Algorithms successful in controlling the charging speed of electric cars

It is possible to control the speed of charging electric cars on a large scale with algorithms. This can be concluded from the results of a Smart Charging test on 700 public charging stations as part of the Horizon 2020 INVADE project. (5 months ago)

@INVADEH2020 : It is possible to control the speed of charging electric cars on a large scale with algorithms. This can be conclud… https://t.co/uZfecsyaOR ( - 5 months ago)

MSc student won the INVADE contest at EUW19:
“I found the INVADE pilots incredibly interesting”

During the European Utility Week in Paris in November 2019, the INVADE project presented itself in a unique way in the EU Projects Zone. Using videos and an informative quiz, the INVADE stand was always busy. (6 months ago)

@INVADEH2020 : During the #EUW19 (European Utility Week 2019) in Paris, the @EU_H2020 INVADE project presented itself in a unique… https://t.co/hwtYIlSb02 ( - 6 months ago)

Conference participants:
“Solutions like INVADE are necessary”

The Horizon 2020 INVADE project is coming to an end this year. Last week, a conference and a workshop were organized on behalf of the project and parallel to event Smart City Expo World Congress in Barcelona. (6 months ago)

@INVADEH2020 : The Horizon 2020 INVADE project is coming to an end this year. Last week, a conference and a workshop were organize… https://t.co/zjAjEXjolW ( - 6 months ago)

@rgallartf : RT @rgallartf: The catalonian pilot did share its results during the visit of the Technical Advisory group in its Granollers headquarter de… ( - 6 months ago)