5 ms·
18 cents per kWh is something like 5-6 times the wholesale price of kWh. This means that using EV for large scale storage is highly uneconomical.
by xyzzyz 4y ago
18 cents per kWh is something like 5-6 times the wholesale price of kWh. This means that using EV for large scale storage is highly uneconomical.
- bryanlarsen 4y agoIt's only used for those periods when demand exceeds supply. In Texas, the wholesale price of electricity is $9/kWh during those periods.
- brianwawok 4y agoDuring a brownout energy is worth a lot more, dollars to tens of dollars.
- readams 4y agoBut this article is not talking about brownouts this is talking about routine use.
- epistasis 4y agoThat excludes the cost of transmission and distribution, which is more than half the cost of electricity prices to rate payers. And using batteries to smooth out the leaks will allow greatly reducing the peak size of equipment for T&D. Additionally, look at wholesale markets for electricity, such as Texas', and you will see price swings during a day far far in excess of 18 cents/kWh. This indicates that storage is extremely economical today.