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A comment on BYD launches sodium-ion grid-scale BESS product. Parent comment

Re:BYD launches sodium-ion grid-scale BESS product by tda on Friday November 29, 2024 @12:53AM (#42271214)
At least in Europe, offshore wind farms (which are more expensive than on shore) don't need any subsidies to be profitable. The turning point was around 2018
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Re:BYD launches sodium-ion grid-scale BESS product by mytailorisrich on Friday November 29, 2024 @02:35AM (#42271738)
Is that true?

Recently (a year-18 months ago?) there were big headlines in the UK when no-one bid for a batch of offshore farms because the guaranteed electricity price offered by the government was too low for investors.

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Re:BYD launches sodium-ion grid-scale BESS product by pjc50 on Friday November 29, 2024 @04:33AM (#42272546)
The strike price is also a cap. It's not precisely a market; nuclear also gets a (much higher) strike price agreement.
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