Battery Storage –Powering Future LNG Projects (including FLNG)

It is undeniable that a low carbon transition is taking place. One of the leading forces of this transition is battery storage. Battery storage technology that was, only a couple of years ago, immature and expensive is now beginning to show significant cost competitiveness, particularly over the last year. The most common choice of battery storage technology to date has been lithium-ion. Latest research undertaken by Bloomberg NEF showed that the benchmark levelised cost of electricity (LCOE) for lithium-ion batteries has fallen 35% since the first half of 2018. With technology improving and...
Tags: