<story><title>Canada Battery Maker Says Flow Storage Costs to Tumble by Half</title><url>https://www.bloomberg.com/news/articles/2018-12-24/canada-battery-maker-says-flow-storage-costs-to-tumble-by-half</url></story><parent_chain></parent_chain><comment><author>Animats</author><text>They are mostly a vanadium mining company.[1] The price of vanadium just crashed in the last half of 2018. Maybe that&amp;#x27;s why the company is promoting this right now.&lt;p&gt;[1] &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.cellcubeenergystorage.com&amp;#x2F;resource-1&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.cellcubeenergystorage.com&amp;#x2F;resource-1&amp;#x2F;&lt;/a&gt;</text></comment>
<story><title>Canada Battery Maker Says Flow Storage Costs to Tumble by Half</title><url>https://www.bloomberg.com/news/articles/2018-12-24/canada-battery-maker-says-flow-storage-costs-to-tumble-by-half</url></story><parent_chain></parent_chain><comment><author>mtgx</author><text>&amp;gt; said the cost of its technology may halve within four years, potentially boosting its uptake over lithium-ion units.&lt;p&gt;Chances are that Li-Ion prices will be reduced by at least as much, if not much more within 4 years, as the whole carmaking industry starts mass-producing EVs, and other huge Tesla, European, and Asian battery factories go online to serve that market of millions of EVs a year.&lt;p&gt;I think some Chinese battery maker recently said that they expect Li-Ion battery cell prices to fall to $50&amp;#x2F;kWh by 2025 (I think they are around $130-$150 now). It may actually happen a year or two earlier, at least for the industry leaders, with everyone else following soon after.&lt;p&gt;Personally, with the rise of all-electric vehicles and solar roofs&amp;#x2F;home battery systems (for which Li-Ion is much more convenient), I&amp;#x27;m quite skeptical that other technologies will be able to beat Li-Ion in being used by power companies. The ecosystem and economies of scale will greatly favor Li-Ion, for now, and whatever new tech the battery makers decide to adopt later on (like solid state batteries).</text></comment>