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by hmottestad
996 days ago
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> So far, EnerVenue has been operating a pilot production line that can manufacture 100 megawatt-hours’ worth of batteries per year—and they’ve deployed small-scale test systems. But, says Heinemann, the company already has over 7 GWh, or about 400 million dollars’ worth of purchase orders... We should soon see if this is a viable business then. |
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This implies a bulk cost of about $57/kWh which is slightly cheaper than present day LFP (the primary competitor for grid-scale battery storage). IMO, it needs to be no more expensive than LFP, because LFP cells can be spec'd for ~8 years and it's hard to get people to invest on timescales longer than ~10 years.