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Batteries: How cheap can they get?


How dirt cheap batteries will completely transform our electricity grid, paving the way for solar and wind and replacing grid reinforcements with grid buffers.

There are endless ways in which you can improve production methods, material composition and packaging and each time you make them lighter, longer lasting and cheaper. I will use a wonderful open source article from Way et al on learning curves (that also shows how accelerating the energy transition saves us money). 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.

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