Li-ion batteries growing with EVs, while flow benefits in long-term storage

By Kathie Zipp Providing stationary energy storage is vital to the stability of the power grid as renewables grow and demand rises, but cost has been a challenge. A new analysis from Lux Research shows that Li-ion batteries will dominate the stationary energy storage market, though current generation flow battery technology has an economic case for certain very large and long-duration applications.
“Li-ion has a lower levelized cost of storage (LCOS) at most durations and system sizes, but the amount of space required starts to drive up costs at larger scales,” said Tim Grejtak, Lux Research Analyst and lead author of the report titled,

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