Hacker News new | ask | show | jobs
by grecy 724 days ago
Given how rapidly the price of batteries and solar are falling, it seems absurd to think it will make any economic sense to spend tens of billions of dollars on a monster fusion plant.

China are churning out regular old fission plants, and have 27 under construction right now. Even still, the average build time is 7 years.

So even if we get some breakthrough and figure out how to build a commercial fusion plant, it's a certainty it won't be up and running for something like 10-15 years. Solar and batteries will be so cheap there won't be any discussions.

1 comments

> Given how rapidly the price of batteries and solar are falling

Battery prices are pretty stable, which is huge problem for wind and solar energy.

That's just so bizarrely wrong I don't even know where it came from.

The price of batteries has declined by 97% in the last three decades: https://ourworldindata.org/battery-price-decline

This article is outdated. The price has been relatively stable in the last ~4 years: https://assets.bbhub.io/professional/sites/24/fig1battery.pn...

Prices are decreasing much slower now. At this pace, large scale energy storage for replacing stable energy sources like coal and fission power plants is far out of reach.

> The price has been relatively stable in the last ~4 years

Your linked source shows the price in the last 4 years going from

cell: $128->$107

Pack: $55->$32

Real: $183->$139

So the price has dropped 25% in the last 4 years. That is NOT relatively stable by any definition.

If you look at the beginning of the chart, the price decrease (from $780 to $258 in 2017) over the same four year period was 67%. And for 2023 it was only 24%. So progress has slowed a lot. In 2022 there was even a year-over-year price increase. That's bad news when you want to build massive energy storage systems that can replace power plants.
So what you're trying to say is - "In the past prices fell extremely fast, now they're falling just regular fast".