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Fourth Quarter - Evaluate the prototype system and report its early stage performance with power cost <$2240/kW and energy cost <$560/kW-hr for a 4-hr system Beyond FY12, we aim to achieve the following targets in cost reduction in the next 5 years, via cooperation with industries and universities: • FY12: power cost <$2240/kW and energy cost <$560/kW-hr for a 4-hr system • FY13: power cost <$1900/kW and energy cost <$475/kW-hr for a 4-hr system • FY14: power cost <$1600/kW and energy cost <$400/kW-hr for a 4-hr system • FY15: power cost <$1300/kW and energy cost <$325/kW-hr for a 4-hr system • FY16: power cost <$1200/kW and energy cost <$300/kW-hr for a 4-hr system 7PDF Image | Redox Flow Batteries for Stationary Electrical Energy Storage
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