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

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.

This content is copyrighted and may not be reused. If you would like to collaborate with us and reuse some of our content, please contact: editors@pv-magazine.com.

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