- 565 MWh of storage capacity
- 185 MW of instantaneous power delivery capacity
- $219M of financing for the project
Hawaii's residential electricity price is roughly $0.415 per kWh vs a US average of $0.162.
- 565 MWh of storage capacity
- 185 MW of instantaneous power delivery capacity
- $219M of financing for the project
Hawaii's residential electricity price is roughly $0.415 per kWh vs a US average of $0.162.
https://www.energy-storage.news/global-bess-deployments-to-e...
Start where electricity is expensive and/or the revenue you steal from thermal generators (grid support mentioned, synthetic inertia, black start capability, etc) supports the economics, and work your way down as battery costs decline and you force thermal generators to become uneconomic due to compressing their runtimes. Think in systems.
https://windexchange.energy.gov/maps-data/321
https://www.statista.com/statistics/183531/renewables-in-the...
In Texas, with an open market for generators, profit is the primary driver of the generation mix. But the difference is electricity generators make more profit with lower cost generation methods, the exact opposite of regulated utilities.
Pro-profit is an irresistible force against most other forces
https://www.texasmonthly.com/news-politics/power-grid-adviso...
They'd likely be doing much better if not for that.
In the US, we usually name the heat source -- coal, natural gas, nuclear -- even though these are all thermal in operation. And the word 'thermal' does not show up in any of those when we talk about them.
The only time the word 'thermal' shows up in US usage is with the 'geo' prefix, and I can't imagine compressing the runtime of a geothermal plant, it's the perfect base-load plant. Are we talking about different things?
Examples: https://github.com/search?q=repo%3Aelectricitymaps%2Felectri...
https://github.com/electricitymaps/electricitymaps-contrib/b...
So I think it's a terrible term in general and it's much more useful to describe the fuel, that's all I was asking for.
[1] https://en.m.wikipedia.org/wiki/Concentrated_solar_power
Huh? Solar, Hydro and Wind are all non-thermal sources of power.
Edit: Technically I believe Solar can function as a thermal plant as well if you are using mirrors to concentrate light to produce heat.
Commerical nuclear fission is unviable at this point [3], even at nimble startups [4] [5], but proponents are free to argue in support of it to anyone who will still listen. Renewables and batteries have reached an escape velocity trajectory [6].
This global energy system will eliminate energy poverty in our lifetime, and like bankruptcy, it'll happen slowly, and then all of a sudden.
[1] https://www.ku.ac.ae/two-minutes-of-sun-enough-to-power-a-ye...
[2] https://pv-magazine-usa.com/2023/12/25/all-i-want-for-christ...
[3] https://www.lazard.com/media/2ozoovyg/lazards-lcoeplus-april...
[4] https://news.ycombinator.com/item?id=38894631
[5] https://neutronbytes.com/2023/01/24/nuscales-smr-costs-hit-h...
Enough sunlights lands on earth every two minutes to power humanity if the whole surface of the planet including ocean was fully covered by 100% efficient solar panels. How is this even remotely relevant when we don't have close to the material needed to achieve that coverage and the efficiency of panels is famously extremely low.
The deployment in 2024 is - as usual - expressed in "theoretical max power". Which is nowhere near the actual throughput, and of course orders of magnitude higher than the "when I need it" actually delivery. Again; big numbers don't mean big results; real life scenario matter here, theoretical best is far less relevant.
Additionally, quoting "pv-magazine-usa.com" on this subject must be some kind of silly joke considering that it could as well be named "lobby-webiste-with-a-clear-political-agenda-to-push-for-photovoltaic-and-prove-it-also-cures-cancer.com" and no-one wold bat an eye. Similarly, other HN comment written by yourself usually don't count as "sources" for statements.
The links to my other comments are comments that contain citations supporting the thesis, versus an unnecessary wall of text. No facts I put forth are uncited.
Commercial nuclear fission is completely viable for anyone not allowing it to become unviable with lawsuits. See: China.
Downvote me all you want, but you'll live in poverty when there are no factories in your town because the lights turn off during a snowstorm.
Yeah, if you use standard new construction capacity planning in some cases solar + wind wins. If you target a much lower average/maximum cost per GW (and higher consumption) nuclear wins.
Things like EVs, electric furnaces for recycling, greener chemical plants and carbon capture mechanisms all become more viable with consistently cheap electricity.
I'd love to see your sources for this. To the best of my knowledge it isn't even close and solar is several times cheaper that nuclear. They used to be more comparable a decade or two ago, but solar costs have dropped dramatically since then.
It heaviy depends on how you set up the comparison. If you look at most current energy markets and say "how can I make money with these rules" the answer is almost always build a small amount of renewables. If you say, how should a government invest to retire coal power and achieve a low and stable energy cost, then nuclear can be viable (in some places).
Do you have any specific studies in mind I may have missed?
Only if we build reactors in the modern way rather than like the French did in the 1970s. (The reasons why its so much more expensive are complex, but mostly a regulatory ratchet and an tolerance for risk so low that if applied to the rest of life we'd close down parks as too dangerous)
Nuclear (and construction in general) is a victim of the Baumol Effect https://en.wikipedia.org/wiki/Baumol_effect , where the cost of something increases over time if it does not see labor productivity improvement, simply because other sectors of the economy do see labor productivity improvement.
It's not just Baumol.
This is usually missing in typical cost calculations for solar or wind.
Take the California grid, peak energy usage is 2x minimum. Nuclear plants are insanely costly when ran at 100%. Imagine running at much lower capacity factors. Say the peaking plants run at 50%, that means the cost for consumers would be ¢2.4-4/kWh. [1]
Logically this entails that if we can solve a nuclear grid then we can solve a renewable grid since they impose the very similar constraints on the grid operators.
[1]: https://www.lazard.com/research-insights/2023-levelized-cost...
It loses every way. Its LCOE is 5x higher. The PR campaign to save it was about neither its cost nor the environment but economically buttressing the nuclear military industrial complex.
It's SO much more expensive in fact that it's actually cheaper to use wind/solar to electrolyze hydrogen, store it underground in a salt cavern and burn that to generate electricity.
>Things like EVs
Things like EVs are even less suited to nuclear power because they dont need constant power and can charge while electricity is cheap. Ditto electric heating.
The only reason we can realistically get to net zero with batteries and renewables is because we export our polution abroad by having China produce everything. And we then ship it back to us using incredibly carbon-intense modes of transportation.
If we had to onshore all that production and actually count it towards our own emissions we'd have no hope of meeting our climate goals with solar panels and wind power.
Electricity is cheap mostly when there is more base load than demand; i.e. at night. I don't think you can have that concept if you want to remove base load and just make electricity when the weather lets you.
Nuclear is rather expensive and, with current technology, not „limitless“ in any sense of the word
Heck, can literally glass the waste and dump it on the abyssal plane, job done. (You can do the maths on this easily enough, essentially zero life is effected and the radioactivity of the ocean increases negligibly)
For one thing, it's neither limitless nor free - the limit is the amount of radioactive ore we mine, and the cost is the cost of setting up a plant, running it, mining the ore, purifying it, transporting it,... The cost of nuclear is actually pretty high. I'm not talking about safety except that the cost factors in both passive and active safety mechanisms. And, they take _forever_ to build and bring to operation.
On the other hand, the price of solar (even without subsidy) is already cost competitive with _coal_ leave alone nuclear.[1] But it's intermittent, and batteries like the article are expensive.
So, the question is not either this or that, but what's the right mix...
[1]: https://upload.wikimedia.org/wikipedia/commons/4/48/Electric...
Another point is that batteries like this are not actually intended for long term storage. They are instead about stabilizing the grid and dealing with short term spikes and dips in supply and demand of energy. Unlike a coal or gas plant, a battery can respond in milliseconds and be very cost effective for that. Spinning up coal and gas plants is expensive and slow. And they cost money when they are not running.
And while that single coal plant was able to provide so-called baseload; it would only have been able to do so if it was up and running 24/7/365. And that wouldn't be true. They are very reliable but occasionally coal plants have to be down for maintenance, repairs, etc. and this can take quite some time (weeks/months). Same with nuclear plants. So, relying on that to not happen was never a good plan.
Long term storage is always assumed to be needed to compensate for a lack of this baseload. However, baseload is actually a fuzzy notion until you express it in gwh and gw. Hawaii seems to be in the process of proving this might be a lot less than some people seem to assume. At least I'm not aware of them having any long term storage. They'll probably add more battery and resilience to their grid over time in the form of more wind and solar generation and additional batteries. But if these people modeled this correctly and did their homework, this might actually be fine as is. We'll find over time I guess.
In the UK it's easy to see that Wind and CCGT plants operate in inverse of one another, when it's windy most of our power comes from the wind and the CCGT are switched off. And conversely when it's calm the CCGTs produce most of the power.
One of the benefits of batteries is that they can be spread around and used to alleviate bottlenecks. Building transmission is very expensive, so this is a good early market for them.
These are called Non-Tranmissikn Alternatives or Non-Wires Alternatives:
NTAs are programs and technologies that complement and improve operation of existing transmission systems that individually or in combination defer or eliminate the need for upgrades to the transmission system.
One does have to wonder where all the money has gone, and what the supposed regulators at CPUC are allowing to happen.
On top of that the California state government has allowed the insurance cartel to form an artificial monopoly, and then funnel new plans into it, where they can charge a large multiple of fair market rates to homeowners (due to their monopoly status, and the fact that they're an association that was formed by the companies that conspired to refuse to cover the house). Of course, they provide terrible customer service and refuse to pay out after natural disasters.
Here's their web site:
Even if they were adequately servicing rural areas, that wouldn't be the root cause. If it was, then power would be more expensive in completely rural states than it is in California.
There was a lot of well-documented corruption decades ago (remember when an entire residential block exploded because they used to falsify line maintenance records and move the money into their personal accounts?) I doubt it's improved since then, and I'm pretty sure that's the root cause.
Power lines cause plenty of forest fires in rural states as well. But the money involved is probably very different, and Californians are bilked for higher rates simply because they are richer than someone in Idaho or Wyoming.
PG&E employees were caught skimming the money for line maintenance. At this point, the whole grid is falling apart.
The power poles in our area have over 20 degree bends in them, and are nearly as old as I am. Last year, we had dozens of trees take out the single digit mile line between ourselves and the freeway, and PG&E's availability was barely one nine. It used to make news if our area had a power outage over 12 hours. Now, it doesn't make news if the outage is under a week.
Other states in the US do not have problems like this. (Puerto Rico does, but it's not a state.)
As a major infrastructure component electricity is one of those natural monopolies that should be socialized, with long term planning by the community (government agencies) and built by contractors on fixed price for delivering an output contracts - with a reasonable price and insurance for not building it correctly the first time included.
We hav pricy electricity because of our "fixed" grid costs, not because of expensive generation. Utilities usually take a fixed rate of profit from T&D, and are therefore incentivized to overbuild as much as possible, and it's the regulators' job to stop that.
A socialized grid probably would be run much better than the one by PG&E, however legislation to buy them out has usually been extremely poorly timed so that the state, as purchaser, would take the biggest losses instead of the investors who backed the bad management team.
Having said that, PG&E is the worst. Agreed.
[0] https://www.hawaiianelectric.com/billing-and-payment/rates-a...
I think California's IOUs are selling the most expensive electricity of any major provider in the nation.
So I'm guessing in the long run this will considerably lower the cost of electricity on the island as adding PV capacity is much cheaper than keeping a coal plant running and this battery allows to install much more and use the energy at night. Not sure whether Hawaii has much wind power but it would seem to be rather windy place.
But this allows more PV generation to be put in which is the cheapest way of producing energy.
Edit: I suspect your calculations just represent depreciation over the batteries lifetime, which is only one of the costs involved.
The cycle life of these kinds of batteries is about 5000. Meaning they get about 5000 charge and discharge cycles before their useful life is over. It could be 2000 it could be 10000 and the definition of useful is also dependent on application.
So in it's lifetime this battery can store 5000 * 565 = 2825000 MWh
The cost of the system was $219M.
About 5% of energy is going lost due to inefficiencies.
$219M / (5000 * 565 * 0.95) = $81.6/MWh = $0.082 / kWh.
I am sorry for calculating the efficiency incorrectly in the original post.
This does not take into account the maintenance cost.
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
But full cycle is probably not the complete picture when it comes to grid scale storage since they have some control over the charge/discharge rate and they can optimize their usage, a bit like how electric cars allow you to stay in the 20-80% range instead of going all the way up to 100%.
- land acquisition
- earthworks
- civil construction
- grid hookup
The important thing is battery storage is competitive with peaking plants over a period of hours. And lowest cost when it comes to short term supplies on the order of seconds to an hour.
Also the logistics of containerized batteries is great. You need a place to put them and a grid connection. And nothing more than that.
Incidentally the totals work out about the same on a home solar system, my battery is 0.09 p/kwh and the Solar output averages out to about 0.07p/kwh but get paid for export at 0.15 p/kwh.
Seems kind of on the expensive side, but maybe it's reasonable for this kind of project -- and there might be some big one-time costs like connecting the site to the power grid.
Seems like there's a lot of room to drive costs down though. Some company could plausibly buy the batteries for $100/kwh, sell a completed power station for $200/kwh, and still make a profit.
$219,000,000.0 / 565,000 Mwh = $387.61/kwh. That's a bit more reasonable. That's not that far out of line with paying retail prices for reputable-brand LFP cells in the U.S.
Fat Man was 88 TJ