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    1. IntrepidGentian on

      “Your house will get a 20 kWh battery costing just $1000 that will earn itself back in less than three years and make sure your electricity use never peaks during the day, that your voltage hardly fluctuates, and that you will never experience a blackout again. Companies and business parks will buy larger batteries that quickly solve their grid congestion woes.

      Wind and solar will get an almost constant price during the day because batteries simply absorb the excess electricity they produce when it’s a bit cheaper, to give it back when it’s a bit more expensive. So wind and solar will continue to grow quickly.

      … Everywhere the peaks and dips in the grid will be flattened by cheap batteries.”

    2. SatanLifeProTips on

      Wholesale LFP lithium batteries are already $50/kWh in China. But that’s the volume wholesale price. You’ll still pay 2-4x that for retail batteries with a BMS.

    3. orangezeroalpha on

      Or, they may turn into a situation similar to solar panels where it is $0.20 per watt for panels, and another $3-4 per watt to install them “professionally” along with many expensive permitting hurdles.

      Batteries will be “installed” by electricians who will likely charge a huge premium over their current rates, which aren’t cheap by any means.

      Power companies will insert themselves where they don’t belong, via laws they help write. They’ll likely come up with a way to charge consumers some type of energy storage fee or other such nonsense to use the batteries they paid for.

      The only inexpensive solution will continue to be to shun the power companies, solar installers, and battery installers and learn to do this yourself. Anything else will continue to be quite expensive for the average person despite batteries going down to X price.

    4. whowhatnowhow on

      And the RU will make.sure to add a 100% tariff to protect the German companies that aren’t making anything but love profit and hate competition.