Ammar Alkhalidi , Mohamad K. Khawaja , Sundos Mohammad Ismail
{"title":"Solid-state batteries, their future in the energy storage and electric vehicles market","authors":"Ammar Alkhalidi , Mohamad K. Khawaja , Sundos Mohammad Ismail","doi":"10.1016/j.sctalk.2024.100382","DOIUrl":null,"url":null,"abstract":"<div><p>The solid-state battery (SSB) is a novel technology that has a higher specific energy density than conventional batteries. This is possible by replacing the conventional liquid electrolyte inside batteries with a solid electrolyte to bring more benefits and safety. This study aims to estimate the future of SSBs; three cases are developed to project the prices of SSBs from 2023 until 2030. Historical data on lithium-ion (Li-ion) battery (LiB) demand, production, and prices is used along with experts' market analysis to project the market growth of SSBs and the optimistic, moderate, and pessimistic views of the battery price. The results demonstrate that in the best-case scenario, SSBs will be mass-produced and will hit 140 USD per kWh by 2028, whilst the worst-case scenario presumes that the mass production of this type of batteries will face obstacles and will cost 175 USD per kWh between 2032 and 2033. For this, it is suggested that commercial production of SSBs will be challenging and will take at least 5 years from now.</p></div>","PeriodicalId":101148,"journal":{"name":"Science Talks","volume":"11 ","pages":"Article 100382"},"PeriodicalIF":0.0000,"publicationDate":"2024-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2772569324000902/pdfft?md5=623f4e6d3af3c9981a5dde41a7215603&pid=1-s2.0-S2772569324000902-main.pdf","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Science Talks","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2772569324000902","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
The solid-state battery (SSB) is a novel technology that has a higher specific energy density than conventional batteries. This is possible by replacing the conventional liquid electrolyte inside batteries with a solid electrolyte to bring more benefits and safety. This study aims to estimate the future of SSBs; three cases are developed to project the prices of SSBs from 2023 until 2030. Historical data on lithium-ion (Li-ion) battery (LiB) demand, production, and prices is used along with experts' market analysis to project the market growth of SSBs and the optimistic, moderate, and pessimistic views of the battery price. The results demonstrate that in the best-case scenario, SSBs will be mass-produced and will hit 140 USD per kWh by 2028, whilst the worst-case scenario presumes that the mass production of this type of batteries will face obstacles and will cost 175 USD per kWh between 2032 and 2033. For this, it is suggested that commercial production of SSBs will be challenging and will take at least 5 years from now.