Spot lithium carbonate prices hit record highs in November
Lithium shortage to slow Europe's battery growth
Volatile power prices have boosted revenues, but new entrants faced with higher capex thanks to spiking lithium prices
Volatile power prices are boosting revenues for batteries in Europe, but spiking lithium prices may be slowing new investments, according to analysts. “Intraday price spreads have more than doubled over the past couple of years, driving higher energy arbitrage revenues,” says Anuoluwa Omojola, research associate for European power markets at consultancy Aurora Energy Research. “Frequency response revenues have also spiked.” As a result, a one-hour battery asset that came online in 2020 in the UK could see its payback period shorten by 2–3 years, according to Aurora’s data. “Intraday price spreads have more than doubled over the past couple of years” Omojola, Aurora "However, it is ve
Also in this section
11 April 2025
As the global economy grows, demand for materials is expected to increase. The way materials are made could incorporate new technologies in the future to ensure economic growth is more sustainable
9 April 2025
AI is powering the Middle East & North Africa’s digital transformation, but can the region meet soaring energy demand sustainably? Small modular reactors may hold the key
8 April 2025
STRATOS project in Texas granted Class IV permits despite deep uncertainty over Trump administration’s readiness to support carbon management tech
8 April 2025
Gulf Energy to provide AIQ with exclusive access to its proprietary datasets and industry-leading documents. ENERGYai is already trained on petabytes of operational data from ADNOC, and this agreement will provide the solution with access to even greater quantities of relevant, high-quality industry information
