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Home - Technology - Sodium-ion batteries face an uphill battle to beat lithium-ion on cost – SPE
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Sodium-ion batteries face an uphill battle to beat lithium-ion on cost – SPE

solarenergyBy solarenergyJanuary 17, 2025No Comments2 Mins Read
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A new study from Stanford University shows that sodium-ion battery developers can take several key routes to compete on price, especially against a low-cost variant of the lithium-ion battery known as lithium iron phosphate (LFP).

January 15, 2025
Marija Maisch

A sodium ion accumulator stack

Image: Ra Boe, Wikimedia Commons

By ESS news

In recent years, sodium ion batteries have emerged as a major competitor to the dominant lithium ion technology, which has suffered from supply shortages and price volatility for key minerals. Although often described as a cheaper alternative, mainly due to the abundant sodium and low extraction and purification costs, a new study finds that sodium-ion batteries will require a series of technological advances and favorable market conditions to approach established lithium-ion batteries on price .

A group of researchers from Stanford University assessed the techno-economic competitiveness of sodium-ion batteries across 6,000 scenarios while varying technology development roadmaps, supply chain scenarios, market penetration and learning rates. As a result, they identified several sodium-ion pathways that could achieve cost competitiveness with low-cost lithium-ion variants in the 2030s.

To read further, visit our ESS news website.

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