Li-ion Battery Costs Destroy Dreams of Gravy-Train, Green Energy.

Li-ion Battery Costs Destroy Dreams of Gravy-Train, Green Energy.

by tonytran2015 (Melbourne, Australia).

Click here for a full, up to date ORIGINAL ARTICLE and to help fighting the stealing of readers’ traffic.

(Blog No. 3.. ).

#battery storage, #green energy

1. Cost analysis of Tesla battery set commissioned at Australian solar power plant

Both batteries were paid for by a $50 million grant from the Australian Renewable Energy Agency and the government of Victoria, with each contributing $25 million.Source: http://energymetalnews.com/2018/11/19/50-mwh-tesla-battery-commissioned-at-australian-solar-power-plant/

50MWh capacity for an estimated life of 6 years (=2200 cycles) provides 50MWh×2200 = 110 GWh.

The battery should not cost more than
110GWh×(20c/kWh) = 22M (AUD)

If it costs more than 22 Million Dollars then it is not viable as the cost of the battery alone is twice the wholesale price of electricity from coal.

If it costs less than 5 Million then it may be the way for the future (provided there is no new environment problems cause by lithium ion batteries).

The actual cost of the experimental set of batteries (excluding the generation cost using solar panels or wind turbines) is about 50 million dollars, that is about four times the cost of wholesale electricity from current non-green generators.

2. Are 2200 cycles at full-charged capacity an over-estimation?

The estimate of a 6 years life for a Lithium Ion battery is an over-estimation (? [3]) of its actual life. Any such actual battery may last 6 years or even longer but its capacity steadily declines over time to about 1/2 of initial capacity after 3 years, as has been seen with the common experience on laptops and smart phones powered by Lithium Ion batteries.

3. Application of battery systems to home installations.

The advertised price for a 10kW battery system for home use is AUD 10,000 with another AUD 10,000 subsidization by the Australian State of Victoria. (Home owner pays 10000+2700 AUD to have both a battery and a Solar Photo-Voltaic System, Victoria State pays the rest) [3-7]. There is no mention of the capacity of the battery! However, we can suppose that a very small battery capacity of 10kWh for frugal use is supplied in the package.

10kWh capacity for an estimated life of 6 years (=2200 cycles) provides 10kWh×2200 = 22 MWh

The battery should not cost more than
22MWh×(20c/kWh) = 4400 (AUD)

If it costs more than 4400 Dollars then it is not viable as the cost of the battery alone is twice the wholesale price of electricity from coal.

If it costs less than 1100 AUD then it may be the way for the future (provided there is no new environment problem caused by lithium ion batteries).

4. An un-publicized competing energy storage technology already exists.

Fortunately, there are currently un-publicized, non-gravy train technologies for grid scaled energy storage. One of them uses environment friendly liquid air [8,14].

References.

[1]. https://www.itwire.com/energy/85015-victoria%E2%80%99s-first-grid-scale-battery-commissioned.html

[2].

[3]. https://www.solarlinkaustralia.com.au/facebook-lander-samsung-package/

What’s Included?
Bloomberg Listed Tier 1 High Efficiency Solar Panels
6kW Inverter
Average Yearly Output
7,664 to 10,950 kWh
Roof Area Required
43 m2
Potential Annual Savings
$1813

[4]. https://www.solarlinkaustralia.com.au/victoria/

Special Offer – Go Solar Today!

4.8kW / 9.6kW Samsung Battery
Premium SunGrow Hybrid Inverter
19 x High Efficiency Solar Panels
System Install & Warranty
WiFi Enabled PROMO CODE: SAMSUNG
$12,990$9,990

[5]. https://mobile.abc.net.au/news/2018-09-10/vic-govt-pledges-solar-battery-subsidy-for-households/10223550?pfmredir=sm

[6]. https://solaray.com.au/how-much-do-solar-batteries-cost/

[7]. https://www.theguardian.com/environment/2018/nov/15/uk-backup-power-subsidies-illegal-european-court-capacity-market

COMPETING STORAGE TECHNOLOGY:

[8]. https://survivaltricks.wordpress.com/2018/10/16/green-energy-storage-why-not-liquid-air/

[9]. Grid-Scale Liquid Air Energy Storage Plant Is Launched, Sonal Patel, 08/01/2018, https://www.powermag.com/grid-scale-liquid-air-energy-storage-plant-is-launched/

[10]. ‘Liquid Air’ Technology Offers Prospect Of Storing Energy For The Long Term, https://www.forbes.com/sites/mikescott/2018/06/08/liquid-air-technology-offers-prospect-of-storing-energy-for-the-long-term/#66b12daf622f

[11]. https://chemistry.stackexchange.com/questions/1342/whats-the-energy-density-of-liquid-nitrogen

[12]. https://en.m.wikipedia.org/wiki/Liquid_air

[13]. http://thermopedia.com/content/553/

[14]. https://en.m.wikipedia.org/wiki/Enthalpy_of_vaporization

Added after 2019 Sept 10:

ALTERNATIVE DESIGNS:

[15]. Going Off-Grid w/ Solar, Part 1: An Overview — MountainGuerrilla

[16]. https://ironedison.com/nickel-iron-ni-fe-battery

History: Nickel Iron Batteries Have a 100+ Year Track Record

Thomas Edison patented and produced Nickel Iron batteries in the early 1900’s, designing them to be “far superior to batteries using lead plates and acid”. … they found their niche in numerous railroad, forklift, and standby power applications throughout the 20th century. Nickel Iron batteries are experiencing a rebirth in the 21st century for renewable energy applications due to their incredibly long life and robust, durable qualities. Iron Edison is proud to be the leading supplier of Nickel Iron batteries in North America!

Best Investment in Energy Storage: 10% – 35% the Cost of Other Battery Options!

Nickel Iron batteries have the Lowest Total Cost of Ownership of ANY battery chemistry available today!

Amortized over the life of the battery, Nickel Iron batteries cost as low as 9 cents per usable kWh! That’s lower than most electric utility rates! The closest battery competitor is double that, with most lead acid batteries costing 25 to 80 cents per usable kWh. [Purchase Price ÷ (Usable Capacity × Cycle Life)]

RELATED Social Issues Blogs

, Green Energy storage: Why not liquid air?, ,
,
,
,

magnifier horizontal

,

,

,

,

Latest Social Issues Blogs,

, , ,

Click here for my other blogs.

divider43.jpg

polymeraust100dollars

Click here go to Divider63D400 Home Page (Navigation-Survival-How To-Money).

SUBSCRIPTION: [RSS – Posts], [RSS – Comments]

MENU: [Contents][Blog Image of Contents ][Archives ] [About]

2 thoughts on “Li-ion Battery Costs Destroy Dreams of Gravy-Train, Green Energy.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.