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The majority of that battery production is going into EVs. We will need much more to do both EVs and grid scale storage. This is where different types of batt
by slfnflctd 4y ago
The majority of that battery production is going into EVs. We will need much more to do both EVs and grid scale storage.
This is where different types of batteries that are too impractical for vehicle use might come into play, but we still don't have a clear idea which of those battery technologies will be appropriate and/or agreed upon for grid use, let alone who is going to pay for the mind boggling amount of them we will need.
- bryanlarsen 4y agoSure, they'll go into cars first, that's where it's needed first. Grids can get to about 90% green without many batteries, its the last ten percent that need a ton of batteries. Given how far they are from 90%, that's most of a decade before they are needed in massive quantities. As for cost, if the next decade drops costs 90% like the previous 4 decades have, then 50 TWh will cost $500 billion. Given that the electricity market is $3T annually, that's peanuts.