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Exawatt’s levelised cost of energy/storage (LCOE/LCOS) analysis were developed in response to the desire for users to be able to compare the energy transacted by a lithium-ion battery pack across their first and second life (including recycling or further use in grid storage)

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The energy storage team’s analysis centres on a model developed with customisability in mind.

The LCOE/LCOS model includes the following:

  • Over thirty customisable inputs including cycle life and depth of discharge
  • Comparison of LFP and NMC chemistries
  • Adjustable BEV efficiency via the use of SiC inverters

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

Head of Battery Costs

Aaron Wade

Aaron leads CRU’s battery cost modelling, forecasting production costs of current and next-generation battery technologies, understanding when and how new technologies will affect the battery market.
Prior to joining CRU, Aaron completed his PhD in lithium-ion battery degradation with the Faraday Institution at UCL. During this time he interned at Exawatt part-time for the duration of his studies. Aaron is a project director of “Battery Pub”, an online networking event for the battery community.

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.”

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