CleanTechnica•12 days ago
Most Maritime Shipping Battery Propulsion Studies Are Already Obsolete
- •Rapid advancements in battery energy density and cost are rendering even recent maritime battery propulsion studies obsolete, indicating a faster-than-anticipated improvement curve for battery technology.
- •The accelerating improvement in battery economics makes battery-electric solutions increasingly viable for heavy-duty applications like maritime shipping, signaling continued downward pressure on battery storage costs for grid-scale and industrial applications.
- •Developers should re-evaluate project feasibility for battery-centric solutions (e.g., grid storage, industrial electrification, maritime charging infrastructure) using the most current battery cost and performance data, as older models are likely too conservative.
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