Is there a Moore's Law for Lithium battery? if so, what will be the consequences?
The Moore's Law states that circuits density double every 1.5 years. Its 30 years rein changed the world completely. When will we reach points where solar can power an average home for 24 hours is the next singularity point.
In 2010, a lithium-ion battery pack with 1 kWh of capacity—enough to power an electric car for three or four miles—cost more than $1,000. By 2019, the figure had fallen to $156, according to data compiled by BloombergNEF. That's a massive drop, and experts expect continued—though perhaps not as rapid—progress in the coming decade. Several forecasters project the average cost of a kilowatt-hour of lithium-ion battery capacity to fall below $100 by the mid-2020s. The next mile marker is when Lithium Ion battery can be used in power grids in conjunction with cheap solar.