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A comment on Form Energy reveals the chemistry of its long-duration battery. Parent comment
It's even more difficult than that. :-)
Ideas have negative value; lab prototypes also have negative value; pilot plants are worth a small fraction of what they cost - scrap value.
You get value from full scale production, and every bit of that value is paid for in the engineering required to get to full scale.
It's even more difficult than that. :-)
Ideas have negative value; lab prototypes also have negative value; pilot plants are worth a small fraction of what they cost - scrap value.
You get value from full scale production, and every bit of that value is paid for in the engineering required to get to full scale.