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by olddustytrail 715 days ago
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

1 comments

This article is outdated.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".
I'm saying that prices are falling increasingly more slowly and that using solar+batteries to replace coal, gas and fission power plants will probably not happen.
> using solar+batteries to replace coal, gas and fission power plants will probably not happen

That ship already sailed, many countries are already doing it.