Grid-scale battery costs: $/kW or $/kWh?
…aim at around 4-hours of duration. At longer duration, we prefer redox flow batteries among electrochemical solutions. Even better backups are thermal energy storage and demand shifting. While for economic…
…aim at around 4-hours of duration. At longer duration, we prefer redox flow batteries among electrochemical solutions. Even better backups are thermal energy storage and demand shifting. While for economic…
…But ramping solar requires energy storage. To set some baselines, costs of different backups are re-capped on pages 2-3. Half way between demand shifting and battery storage is storing up…
…economics of electric pumps, which are used to move liquids in industrial applications, for commercial/domestic use such as within heat pumps, for demand shifting, for supercritical CO2, in geothermal applications,…
…ultimate energy costs, and retail incentives. Electric vehicle chargers can also provide demand shifting services to help backstop increasingly renewable-heavy grids. This market structure is what makes us think EV…
…combustion process that generated the original CO2. There is scope for optimization, including from demand shifting. Our calculations are based on a literature review of technical papers, and aggregating data…
…an integrated charging stations is also particularly helpful for demand shifting to backstop increasingly renewable-heavy grids. We have reviewed ten of the company’s patents. We conclude it has a genuine…
…integrating directly with renewables, then IRRs are uplifted by 2-6pp. Electric arc furnaces may also be able to benefit from demand shifting, partially increasing (decreasing) their load to coincide with…
…grids by demand shifting. The economics are exciting. We model 10% IRRs selling fresh produce at competitive prices, with upside to 30% IRRs if fresher produce earns a premium or…
…around multi-family apartments, charging at work and for slower charging speeds. An economic increment can also be added to reflect the benefits of demand shifting to backstop increasingly renewable-heavy grids….
…energy as coldness in these fridges and freezers (aka “demand shifting“), improving their efficiency by c20% and without requiring power prices to increase. The energy economics of cold storage are…