File:Average pack price of lithium-ion batteries and share of cathode material cost, 2011-2021.png
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English: Average pack price of lithium-ion batteries and share of cathode material cost, 2011-2021. Cathode materials – which are essential for lithium-ion batteries and include lithium, nickel, cobalt and manganese – accounted for less than 5% of battery pack costs in the middle of the last decade when there were only a handful of battery gigafactories. That share has risen to over 20% today when some 300 gigafactories are at different stages of planning and construction around the world. Higher prices for cathode materials in 2021 pushed up lithium-ion battery pack costs by an estimated 5% from their 2020 levels. With the recent surge in lithium and other battery metal prices in early 2022, this figure is now around 20%, which needs to be offset by other measures to contain or reduce overall costs. |
| Date | |
| Source |
Tae-Yoon Kim (18 May 2022), Critical minerals threaten a decades-long trend of cost declines for clean energy technologies, International Energy Agency. Made available exceptionally under a CC BY 4.0 as part of the IEA's "Russia's War on Ukraine" series. License statement. |
| Author | International Energy Agency |
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| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 09:16, 28 October 2022 | | 1,920 × 1,080 (167 KB) | EnergyAnalyst2 (talk | contribs) | Format editing for clearer view and source information |
| 08:34, 24 May 2022 |  | 1,369 × 709 (101 KB) | EnergyAnalyst1 (talk | contribs) | Uploaded a work by International Energy Agency from Tae-Yoon Kim (18 May 2022), [https://www.iea.org/commentaries/critical-minerals-threaten-a-decades-long-trend-of-cost-declines-for-clean-energy-technologies Critical minerals threaten a decades-long trend of cost declines for clean energy technologies], International Energy Agency. Made available exceptionally under a CC BY 4.0 as part of the IEA's "Russia's War on Ukraine" series. [https://iea.blob.core.windows.net/assets/af2ef37e-cbf5... |
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