Long-term it seems pretty reasonable that retail prices should be a small multiple of the factory price (which keeps decreasing), so I think $1000 for a 20kWh battery is totally reasonable.
Long-term it seems pretty reasonable that retail prices should be a small multiple of the factory price (which keeps decreasing), so I think $1000 for a 20kWh battery is totally reasonable.
A couple of years ago here in South Africa I paid about ZAR 30,000 (USD 1,650) as a consumer for a 5kw/h battery, and I just checked online now, I can apparently get a similar battery for half that:
https://www.ecohub.co.za/shop/solar-power/lithium-batteries/...
For less than £130/kWh if you're willing to build it yourself, you can get a slightly less capable setup: https://www.fogstar.co.uk/collections/solar-battery-storage/...
Where I live there is a warehouse where you can withdraw new MANYI Lifepo4 cells at around 97€/kwh (a single cell) after contacting the seller on Alibaba, so I'm guessing Telsa is getting them at 80 or even less.
Re: car batteries, the difference between the rear-wheel drive and long range is about 20kwh (60kwh vs 80kwh), for $8K. That's $400/kwh and doesn't even include all the other trim differences like having dual motors instead of single.
So, it looks like reality is closer to $300-$400/kwh, depending. Not close to your ideal of $50/kwh, but still much better than $1000/kwh.
1) https://www.tesla.com/energy/design/overview 2) https://service.tesla.com/docs/Public/Energy/Powerwall/Power...
You have to charge the battery with electricity (which you could sell or have to buy), and then when you discharge it you are either offsetting electricity you would buy, or selling it. Throughout the process you're losing some of it (~8%), and the battery is degrading in capacity towards eventual replacement.
You also have black swan events - i.e. an early battery death due to manufacturing defects.
i.e. my rooftop solar array sells power at 7c / kWh. When I run the numbers on various offset scenarios, the cost per kWh delivered after all expenses and life time costs that I can find tends to be about 7 - 8 c / kWh. Which honestly makes perfect sense to me: the electricity company, at much more massive scale, can install and run batteries more cheaply then I can.
Do you mean the installed price? Including inverters and such? $1000/kWh is more than 4x what you can buy LFP batteries for off Amazon.