Utility Dive•about 1 month ago
Peak Energy deal marks progress for sodium-ion batteries in US
Key Takeaway
A major supply deal signals the commercial maturation and significant market entry of sodium-ion batteries as a viable, large-scale energy storage solution in the US.
AI Summary
- •Peak Energy will supply Jupiter Power with up to 4.75 GWh of sodium-ion batteries by 2030, marking a significant commercial deployment of this technology in the US.
- •This large-scale supply agreement indicates growing confidence in sodium-ion as a viable, potentially cost-effective alternative to lithium-ion for grid-scale energy storage.
- •For IPPs and developers, this deal highlights the increasing diversification of battery supply chains and the availability of new chemistries that could impact future project economics and PPA pricing.
- •The commitment to such a substantial capacity by 2030 suggests a rapid scaling of sodium-ion manufacturing and deployment, offering new options for meeting growing energy storage demand.
Topics
iraoempolicyppastorage