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Yikes, autocorrect really jumbled my second paragraph, which wasn’t very clear to begin with. I’m contrasting the caped with the *levelized cost of storage, wh
by epistasis 4y ago
Yikes, autocorrect really jumbled my second paragraph, which wasn’t very clear to begin with.
I’m contrasting the caped with the *levelized cost of storage, which though it can be measured in $/MWh or $/kWh, is measuring something completely different than the capex. And the levelized cost of storage is the relevant figure for comparing to electricity sold on the grid.