Renewable electricity is cheaper than ever. While the West got rich on coal and oil, some of the world's poorest countries are banking on solar, wind and water instead.
How on earth do you go from saying it’s $100 per kwh to paying $0.02 per kwh? I don’t think anyone would accept a 500 year time to pay off their initial investment.
the battery charges/discharges every day. If it did so in full, for 10000 cycles, that would be 1c/kwh lifetime electricity premium from battery. In terms of time value of money consideration, it is a fully tax free savings/return, and inflation proof. I gave China as an example. They have very low “risk free” interest rates, but it is easiest to adjust long term government bonds to tax free return as an approximation of inflation savings, to every country.
How on earth do you go from saying it’s $100 per kwh to paying $0.02 per kwh? I don’t think anyone would accept a 500 year time to pay off their initial investment.
the battery charges/discharges every day. If it did so in full, for 10000 cycles, that would be 1c/kwh lifetime electricity premium from battery. In terms of time value of money consideration, it is a fully tax free savings/return, and inflation proof. I gave China as an example. They have very low “risk free” interest rates, but it is easiest to adjust long term government bonds to tax free return as an approximation of inflation savings, to every country.