4 ms·

Another grid-scale Chinese battery got bids for ~US$66 last year [1]. So this is twice as expected but maybe the other battery won't have as many cycles. [1] h

Another grid-scale Chinese battery got bids for ~US$66 last year [1]. So this is twice as expected but maybe the other battery won't have as many cycles. [1] https://reneweconomy.com.au/mind-blowing-battery-cell-prices-plunge-in-chinas-biggest-energy-storage-auction/ https://reneweconomy.com.au/mind-blowing-battery-cell-prices...

toomuchtodo 1y ago
A recent (July 2025) winning bid was $US51.59/kWh. https://reneweconomy.com.au/watershed-moment-big-battery-storage-prices-hit-record-low-in-huge-china-auction/ https://reneweconomy.com.au/watershed-moment-big-battery-sto... > The latest auction in China offered 25 gigawatt hours of capacity for lithium iron phosphate (LFP) batteries over a range of storage periods – 1 hour, 2 hour and 4 hours – and the results (the first time they have been broken down on storage duration) have stunned even seasoned onlookers. The knockout price was a bid of $US51.59/kWh for a four hour battery (the average was $US59/kWh), which Energy Storage News says represents a 30 per cent drop from 2024 levels, and others side was a 15 per cent fall from recent record lows. It would be exciting if the price continues to decline 15-30 percent per year. Unsure if that’s sustainable at current manufacturing and learning rates, but exciting.
- Tepix 1y ago
  Aren‘t we close to getting much cheaper batteries with Sodium? https://www.geeky-gadgets.com/catl-sodium-ion-battery-packs/ https://www.geeky-gadgets.com/catl-sodium-ion-battery-packs/
  - abdullahkhalids 1y ago
    There are always tall claims. The only real check on claimed prices is when the product is sold on the market. So wait for installations on this one too.
    - toomuchtodo 1y ago
      Some pricing within this article on large scale sodium ion grid forming battery storage in China. https://www.ess-news.com/2025/06/03/china-launches-worlds-first-grid-forming-sodium-ion-battery-storage-plant/ https://www.ess-news.com/2025/06/03/china-launches-worlds-fi...

toomuchtodo 1y ago

A recent (July 2025) winning bid was $US51.59/kWh. https://reneweconomy.com.au/watershed-moment-big-battery-storage-prices-hit-record-low-in-huge-china-auction/ https://reneweconomy.com.au/watershed-moment-big-battery-sto... > The latest auction in China offered 25 gigawatt hours of capacity for lithium iron phosphate (LFP) batteries over a range of storage periods – 1 hour, 2 hour and 4 hours – and the results (the first time they have been broken down on storage duration) have stunned even seasoned onlookers. The knockout price was a bid of $US51.59/kWh for a four hour battery (the average was $US59/kWh), which Energy Storage News says represents a 30 per cent drop from 2024 levels, and others side was a 15 per cent fall from recent record lows. It would be exciting if the price continues to decline 15-30 percent per year. Unsure if that’s sustainable at current manufacturing and learning rates, but exciting.

Tepix 1y ago
Aren‘t we close to getting much cheaper batteries with Sodium? https://www.geeky-gadgets.com/catl-sodium-ion-battery-packs/ https://www.geeky-gadgets.com/catl-sodium-ion-battery-packs/
- abdullahkhalids 1y ago
  There are always tall claims. The only real check on claimed prices is when the product is sold on the market. So wait for installations on this one too.
  - toomuchtodo 1y ago
    Some pricing within this article on large scale sodium ion grid forming battery storage in China. https://www.ess-news.com/2025/06/03/china-launches-worlds-first-grid-forming-sodium-ion-battery-storage-plant/ https://www.ess-news.com/2025/06/03/china-launches-worlds-fi...