The Energy Storage Report 2024

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Duke Energy: lithium-ion would still be technology of choice for 7.3 hour BESS today

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Duke Energy would still choose lithium-ion for an upcoming 7.3-hour duration energy storage system in Florida if it redesigned the project today, a spokersperson told Energy-Storage.news.

As recently reported on this site, the North Carolina-headquartered energy firm recently brought online the bulk of a 50MW/94MWh pipeline of battery energy storage system (BESS) projects in Florida.

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The projects vary in size and duration and the last to come online is a 2.475MW/18MWh unit to be commissioned later this year, at John Hopkins Middle School, which a Duke Energy spokesperson told Energy-Storage.news uses lithium-ion battery cells.

They explained that the school is a hurricane emergency shelter so the company wanted to oversize the battery for a longer duration. When asked whether it considered other battery technologies when designing the project, and whether it would still choose lithium-ion if starting it from scratch today, they said:

“At the time this project was designed, there were no other technologies that were as cost competitive while providing the same benefits as lithium-ion.”

“Duke Energy continues to test newer technologies and will soon be piloting newer chemistries to determine their capabilities; however, if this project was being redesigned today, lithium-ion would still be the technology of choice due to its cost, performance characteristics and proven reliability.”

The company’s comments are noteworthy and feed into the ongoing debate about lithium’s suitability for long duration energy storage versus other technologies like flow batteries (though many long duration storage solution companies may not consider eight hours as long duration at all).

The cost base of lithium-ion BESS projects has increased 25% year-on-year, according to system integrator Wartsila, driven by battery cells which have increased in cost as lithium carbonate has seen 1,000% price spikes.

Despite this, and flow battery companies’ claims that their solutions are cheaper in the long-term, lithium-ion continues to be chosen for many six and eight hour projects, including a 50MW/400MWh system in California in March.

The same month, Energy-Storage.news was told that lithium-ion could eventually become cost-competitive at up to 24 hours’ duration by Haresh Kamath, director of distributed energy resources and energy storage at EPRI, the R&D and demonstration project organisation funded by electricity industry stakeholders.

Iron flow battery company ESS Inc issued a rebuttal statement to Energy-Storage.news regarding Kamath’s comments shortly after.

In April, Mitsubishi Power Americas’ head of energy storage Thomas Cornell told this site that the technology is still the best one even at 10-12 hours’ duration.

That said, Duke Energy continues to try out and test alternative technologies: in the past it has piloted the deployment of Eos Energy Enterprises’ zinc hybrid cathode battery technology for long-duration storage and is preparing to be the first to test out a new flow battery made with a proprietary electrolyte chemistry from Honeywell.

22 May 2024
London, UK
At the time of writing, Europe had had its most successful year in terms of Power Purchase Agreements (PPAs) with a record 7.8GW of renewable energy contracts signed. As we gather in May 2024 for the third edition of the Renewable Energy Revenues Summit, the energy landscape continues to evolve rapidly, influenced by the beating drum of climate change, volatility around power prices and the need to decarbonise power procurement as well as generation.
22 October 2024
New York, USA
Returning for its 11th edition, Solar and Storage Finance USA Summit remains the annual event where decision-makers at the forefront of solar and storage projects across the United States and capital converge. Featuring the most active solar and storage transactors, join us for a packed two-days of deal-making, learning and networking.

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