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by ZeroGravitas 1381 days ago
Higher Electricity demand isn't really a problem though.

The motto "electrify everything" is used. It is not a big surprise that this, and developing nations growth, requires electricity.

That's why everyone is really pleased that renewables and batteries are the cheapest way to deploy electricity generation in history.
1 comments
Manuel_D 1381 days ago
Higher electricity demand is a problem is you're trying to. Build grid storage. And no, not everyone is onboard with the idea that battery cost is going to plunge by orders of magnitude. In fact, the opposite trend is happening. Battery costs have increased recently: https://www.utilitydive.com/news/new-york-battery-storage-co...
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ZeroGravitas 1381 days ago
Your cite says:

> the state's higher storage target and DPS and grid operator support will slash costs to $150-$200 kWh by the end of the decade, based on BloombergNEF estimates.

They have dropped an order of magnitude since 2008, so I'd maybe expect a few more years before it does it again but that does appear to be the current prediction.

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Manuel_D 1381 days ago
Announcing a target is easy, hitting is hard. Especially when the costs of input materials to build batteries increase 4x in a year: https://tradingeconomics.com/commodity/lithium

If their predictions are that costs are going to decrease, but when push comes to shove costs increase above expectations then what does that say about the value of these predictions?

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