Last I heard, lithium ion is cheaper than the OpEx for the average existing natural gas peaker, but I haven't checked in a year or two. With the fluctuating cost of gas, and the recent small rise in battery cost from supply constraints, I could see that flipping back and forth. And there will be a long delay between having a new cost king and a switchover due to utilities being able to charge rate payers for stranded capital, and also the generally slow utility process for developing new resources, which is often on a five year time scale, using decisions made on five year old data.
That's pretty exciting with regards to off-grid use, I don't know much about it. 24 hours of fossil gas use per season is just absolutely tiny, one could definitely even imagine synthetic fuel production from electricity and air being enough to generate that. Thanks for the info!
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Last I heard, lithium ion is cheaper than the OpEx for the average existing natural gas peaker, but I haven't checked in a year or two. With the fluctuating cost of gas, and the recent small rise in battery cost from supply constraints, I could see that flipping back and forth. And there will be a long delay between having a new cost king and a switchover due to utilities being able to charge rate payers for stranded capital, and also the generally slow utility process for developing new resources, which is often on a five year time scale, using decisions made on five year old data.
That's pretty exciting with regards to off-grid use, I don't know much about it. 24 hours of fossil gas use per season is just absolutely tiny, one could definitely even imagine synthetic fuel production from electricity and air being enough to generate that. Thanks for the info!