Re:It can make more sense to build new renewable capacity th...
by toomuchtodo on Thursday November 07, 2019 @02:58PM
(#21476743)
> I anticipate that rate to accelerate
Historical cost declines would agree with that thesis. Renewables will approach a price so close to 0 that the battery storage will be the dominate cost in supplying dispatchable energy (but still a lower cost than fossil fuels). Utility lithium battery storage is already cheaper than the most expensive peaking plants, and the cost model improves as costs continue to decline.
Historical cost declines would agree with that thesis. Renewables will approach a price so close to 0 that the battery storage will be the dominate cost in supplying dispatchable energy (but still a lower cost than fossil fuels). Utility lithium battery storage is already cheaper than the most expensive peaking plants, and the cost model improves as costs continue to decline.
https://data.bloomberglp.com/professional/sites/24/Capture2....
https://about.bnef.com/blog/behind-scenes-take-lithium-ion-b... (A Behind the Scenes Take on Lithium-ion Battery Prices)
https://www.nrel.gov/docs/fy19osti/73222.pdf (PDF: NREL Cost Projections for Utility-Scale Battery Storage)