Skip to main content

Exawatt’s battery cost model offers our customers insights into the costs of the materials that dominate lithium-ion battery manufacturing

Talk to our team

Exawatt’s detailed forecast models take account of process developments and the evolving costs of materials, equipment, consumables, energy and labour. We apply the same technoeconomic principles to the analysis of other emerging technologies in the energy storage sector, including solid-state batteries, sodium-ion batteries and fuel cells. This allows us to help our customers make strategic decisions regarding cell technology choice, battery pack size and long-term manufacturing plans

Meet the energy storage team


Edward Rackley

Head of Energy Storage

Edward Rackley

Ed uses his electrochemical materials knowledge to inform our supply chain analysis and bottom-up cost modelling. He has a PhD in Chemical Engineering from the University of Sheffield, specialising in solid oxide fuel cell anodes. Ed’s industrial experience includes research into novel battery current collectors and spinel cathode synthesis.

Aaron Wade

Research Analyst (Energy storage)

Aaron Wade

Aaron focuses on detailed cost modelling for current- and next-generation cells in Exawatt’s energy storage team. He joined Exawatt as part of the Faraday Institution PhD industry placement programme in May 2021 and became a part-time research analyst in August 2021.

John Tinson, VP Sales and Marketing, Ilika
“When developing solid-state pouch cells for EVs, design to cost is critical for Ilika. Our engineering team needed to select electrolytes, dopants and additives that would be affordable and available when deployed at giga scale. Running a program with Exawatt allowed us to make better material selections and gave us insights into the rates of learning necessary on all items in our bill of materials.”

Dave OudeNijeweme, Senior Director for Battery Materials, Worley
“During my stint as Head of Technology Trends at the Advanced Propulsion Centre (APC) we were desperately looking for proper bottom-up cost analysis for batteries. Exawatt was one of very few who could. Applying the approach and techniques perfected in PV and semiconductors to batteries provided great results fast. I have found Exawatt’s ability to address complex problems and willingness to challenge conventional thinking a great asset that I hope to use again in future.”

Can Exawatt help you chart a path to decarbonisation through electrification?

Get in touch