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
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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 June 18, 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 June 18, 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: June 18, 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 June 18, 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/