Clean air, enables 100% solar, 2.4 sec zero to sixty, and so on.
Clean air, enables 100% solar, 2.4 sec zero to sixty, and so on.
Better grid technology will help too. If we can transmit energy efficiently over long distances, there's less storage required. Build a global grid and the whole planet can run on renewables: it's always sunny (or windy) somewhere.
I'm not talking about powering one's home, I'm talking about powering cities and infrastructure - we are far away from having this kind of storage capability, and it's cheaper to produce electricity 24/7 than to build that kind of storage capacity anyway. It's all a matter of ROI.
Grid scale lithium ion storage costs about $0.30/kWh right now. Residential is probably about $.40-.50/kWh.
Dropping by a factor of two and some time shifting is most electrical use, and the electricity is similar to rates in many parts of the country, just with peak rates at a different time.
I think you meant .30c/Wh, right? Or perhaps you are referring to the cost to purchase off-peak energy stored in grid-scale Li-ion battery storage systems (If so, I'm curious where you got that number).
Otherwise, .30c/Wh for storage implies that a 100kWh battery pack would cost $30, when it clearly costs much more.
https://www.lazard.com/media/438042/lazard-levelized-cost-of...
And the residential I get from Tesla's estimated numbers for their residential system. The residential ones may therefore be a tad bit optimistic. But if you happen to know an electrician.... maybe then it's realistic, as a huge amount of the cost is not the battery itself.
Not to mention it allows us to make policy decisions about where our energy comes from at the source without changing anything at the consumer side. If we find out that <energy source> is unhealthy, unsustainable, running out etc... We can change one power plant rather than millions of autos. If OPEC turns the taps off, we aren't all suddenly paying twice as much to drive to work.
But I bet you already knew that.