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by trashtester
1474 days ago
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The battery capacity needed to replace all cars with electric ones is about two orders of magnitude lower than the battery capacity needed to replace all fossil fuels with wind and solar, at least in temperate regions, where you need heating during the winter. According to this MIT study, the cost (LCOE) of doing this today, would be $3000/MWH: https://www.greencarcongress.com/2021/08/20210829-mitei.html Even if the cost of batteries continue to come down by x4 in price every decade from now on, it will take 30-40 years for prices to come below current energy prices. If we hit an S-curve before then, it could take much longer. |
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