Material Insights · Understanding the Material World

Lithium iron phosphate batteries and Metal-air batteries

Their prices have moved together.

Lithium iron phosphate batteries (energy) and Metal-air batteries (energy): 1 relationship.

How they are linked

1. Price link: competitor

Cost and price · Moderate · Both ways

For grid storage, iron-air competes with LFP on cost per stored hour over long durations. The two battery indices correlate at 0.48 for yearly moves, but only at 0.01 for monthly moves.

  • 0.01 monthly change correlation
  • 0.48 12-month change correlation
  • 0.57 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.