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And under water construction is expensive. And durable construction in a marine environment is challenging (and makes things more expensive). That doesn't mean
by jillesvangurp 1y ago
And under water construction is expensive. And durable construction in a marine environment is challenging (and makes things more expensive).
That doesn't mean it's a bad idea but they are factors that add to the overall cost. 20$/kwh is very attractive of course. But that's also a number that e.g. CATL is chasing with sodium ion batteries. And they are going to be making those by the gwh/year from next month.
- algo_trader 1y agoWhatever happened to the BYD Sodium ESS [1]? By 2024 they were already taking orders and building a something-something giga-actory Fingers crossed for both CATL and BYD [1] https://www.energy-storage.news/byd-launches-sodium-ion-grid-scale-bess-product/ https://www.energy-storage.news/byd-launches-sodium-ion-grid...