2 ms·
Thanks! No need to apologise, it's fun to run the numbers. On top of maintenance costs we probably need to account for finance costs (5% interest rate means re
by zizee 3y ago
Thanks! No need to apologise, it's fun to run the numbers.
On top of maintenance costs we probably need to account for finance costs (5% interest rate means repayments of 100mil over 10 years) and the fact batteries don't tend to ever get charged/discharged 100%.
Presumably if you built this you'd want a bit of return on your investment, so you'd have to charge more on top.
TBC: I think these batteries make economic sense (even more so if coal/petrol had externalities baked into their costs), but we don't want to oversell things