Battery prices saw their biggest annual drop since 2017, with lithium-ion battery pack prices down by 20% from 2023 to a record low of $115/kWh, according to analysis by BloombergNEF (BNEF). Factors ...

While the pace of price decreases has slowed, lithium-ion battery packs have reached a new record low in 2025. According to the latest analysis by BloombergNEF (BNEF), prices have fallen 8% since 2024 ...

Battery friendly: the DC set-up aboard an ESS-equipped VARD vessel. Image courtesy Vard "Burning LI batteries cannot be extinguished": EAS’s Michael Deutmeyer alongside a trademark EASy-Marine module ...

As demand for electrical energy storage systems (ESS) has expanded, safety has become a critical concern. This article examines lithium-ion battery ESS housed in outdoor enclosures, which represent ...

Energy storage systems (ESS) are critical for grid stability as renewable energy adoption accelerates, but safety concerns have emerged due to fire hazards in lithium-ion batteries. Korea Electric ...

Battery technology keeps improving as electric vehicles are produced in large quantities. CALB, a Chinese battery manufacturer, claims its "U-type" battery structure offers higher energy density and ...