Re:Global Solar Power Investment Will Top $1B per Day This Year
by pfdietz on Wednesday June 07, 2023 @04:13PM
(#36232871)
Also pumped hydro, pumped thermal, and resistive thermal.
Resistive thermal in sand at 1200 C is projected (based on lab estimates) to have a LCOS of ~$0.05/kWh and a round trip efficiency of 53%.
Which state?
Currently, the production scale battery tech that's available (LiIon, LFP), isn't really cost effective for multi-day backup. It's used for very short term (second to hour) and expensive demand response services (substituting for traditional natural gas peaker plants).
The cost/kWh needs to be about an order of magnitude lower to make economic sense for multi-day backup. It's coming, however. There are several contender technologies: metal air, flow, and sodium ion. All of those have much better cost and safety characteristics than Li-ion, while trading off the energy density (which doesn't matter in grid scale stationary storage).