Battery model price and applicable scope

How does the review contribute to the field of battery cost modeling?

The review contributes to the field of battery cost modeling in different ways. First, the review provides a detailed overview of the most relevant studies published in the field of battery cost modeling in the recent years. Second, we introduce a framework for the evaluation of future cost models.

Are battery production cost models transparent and standardized?

Battery production cost models are critical for evaluating cost competitiveness but frequently lack transparency and standardization. A bottom-up approach for calculating the full cost, marginal cost, and levelized cost of various battery production methods is proposed, enriched by a browser-based modular user tool.

How do battery production cost models affect cost competitiveness?

Battery production cost models are critical for evaluating the cost competitiveness of different cell geometries, chemistries, and production processes. To address this need, we present a detailed bottom-up approach for calculating the full cost, marginal cost, and levelized cost of various battery production methods.

Do battery cost models address economies of scale?

The first wave of battery cost model literature addressed economies of scale by predicting costs at differently set production capacities, but did not supply any calculations or methodologies regarding these predictions. Later works often incorporated more in-depth methodologies such as analytical regression or logarithmic modeling.

Does battery cost accounting have a cost structure?

As battery cost accounting lacks standards, previous cost calculations widely differ in how they calculate costs and what they classify as costs. By discussing different cell cost impacts, our study supports the understanding of the cost structure of a lithium-ion battery cell and confirms the model’s applicability.

Are battery cost models accurate?

This method can, however, lead to inaccuracies. Battery costs have decreased significantly over the last decade , which may then lead to overestimation of final costs in current calculation models by using old cost data. Third, models were constructed that establish an independent architecture.