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South Asian countries face economic losses due to climate change – A.D.B. report

South Asian countries face economic losses due to climate change – A.D.B. report

Various countries in the South Asian region are looking at significant losses du...

World Bank aids Laos’ hydropower with $40 million in financing

World Bank aids Laos’ hydropower with $40 million in financing

The World Bank Group has inked two agreements for around $40 million in financin...

Vestas, EP Global Energy partner for donor-funded wind farm in Jordan

Vestas, EP Global Energy partner for donor-funded wind farm in Jordan

Wind turbine manufacturer Vestas and private energy asset developer EP Global En...

World Bank commits $5 billion for African renewable energy projects

World Bank commits $5 billion for African renewable energy projects

The World Bank Group has committed US$5 billion towards supporting energy projec...

Seven creative ways to teach your kids about eco-living

Seven creative ways to teach your kids about eco-living

According to Bureau of Labor Statistics, 3.1 million jobs in the United States w...

$50 million A.D.B. loan to develop Indonesia’s geothermal potential

$50 million A.D.B. loan to develop Indonesia’s geothermal potential

The Asian Development Bank will provide Indonesia a loan of up to $50 million to...

Iberdrola completes its first three renewable energy projects in South Africa

Iberdrola completes its first three renewable energy projects in South Africa

Iberdrola has completed two wind farms and a photovoltaic power plant in South A...

Business

Technology

Politics

Living Green

Green vacation: Go on an eco-friendly safari

Green vacation: Go on an eco-friendly safari

Friday, 12 September 2014

The primary goal of modern-day eco-friendly African safaris is to lessen the overall impact on the environment. One of the greatest impacts on the env...

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Renewables

Low-Carbon

Aleees, Sony to build electric buses in Taiwan

Aleees, Sony to build electric buses in Taiwan

Saturday, 06 September 2014

Taiwanese electronic bus manufacturer Aleees will be teaming up with Sony to develop a new electric bus. Beginning this September, Aleees and Sony agr...

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Opinion

Unsustainable urban life: What's next?

Unsustainable urban life: What's next?

Wednesday, 11 June 2014

Nutrition plays a critical role in everyone’s chance at a better future. Hunger, said Benjamin Franklin once, is the best pickle. Some say “pickle”...

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Lithium-ion batteries’ cost seen dropping by 2017

Pike Research says the installed cost of lithium-ion batteries will fall by more than one-third by the end of 2017 as manufacturing efficiencies improve and access to lithium expands.

This drop in prices will affect the cost of electric vehicles and plug-in hybrid electric vehicles, which rely almost exclusively on lithium-ion batteries.

Pike Research's report indicates that the installed prices of EV batteries could be reduced by as much as $523 per kilowatt-hour in 2017.

Revenue-wise, the market for lithium-ion batteries for transportation could grow from $2 billion annually in 2011 to more than $14.6 billion by the expected year.

"The market for lithium-ion batteries will be driven primarily by plug-in hybrid electric vehicles and battery electric vehicles, which require much larger battery packs than hybrids," says research director John Gartner.

"Battery chemistries that prioritize energy capacity over power density can satisfy both the PHEV and EV battery segments, enabling vendors to offer products to multiple vendors for multiple models."

Government subsidies, which initiated the growth of the hybrid and electric vehicle market, will still continue driving the market, Pike said.

The report also stated that nearly half of demand is likely to come from Asia, led primarily by China. Europe and the United States are likely to constitute 25 percent and 21 percent of the market, respectively.

Despite the plethora in battery chemistries being commercialized, all with unique properties for power, energy density, and life cycle performance, greater interest in the lithium-ion phosphate chemistry will persist in years to come due to its superior performance characteristics coupled with increased safety. – EcoSeed Staff



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