From your wiki link -

Your batteries are listed as less than $200/KWh. Now that's not cheap, and batteries don't last. Neither do solar panels and wind turbines.

Levelized Cost Of Storage - "Regardless of technology, however, storage is but a secondary source of electricity dependent on a primary source of generation. Thus, a true cost accounting demands that the costs of both primary and secondary sources be included when the cost of storage is compared to the cost of generating electricity in real time to meet demand.[citation needed]

A cost factor unique to storage are losses that occur due to inherent inefficiencies of storing electricity, as well as increased CO2 emissions if any component of the primary source is less than 100% carbon-free.[11] In the U.S., a comprehensive 2015 study found that net system CO2 emissions resulting from storage operation are nontrivial when compared to the emissions from electricity generation [in real time to meet demand], ranging from 104 to 407 kg/MWh of delivered energy depending on location, storage operation mode, and assumptions regarding carbon intensity."

Cost Factors "While calculating costs, several internal cost factors have to be considered.[21] Note the use of "costs," which is not the actual selling price, since this can be affected by a variety of factors such as subsidies and taxes: "

https://web.archive.org/web/20220404150706/https://report.ipcc.ch/ar6wg3/pdf/IPC...

So the levelized cost of storage have their own "Non-trivial" CO2 losses.

Cost factors don't include subsidies. And yet subsidies do affect cost, it simply hides a part of the cost.

Levelized cost of Electricity - "The LCOE "represents the average revenue per unit of electricity generated that would be required to recover the costs of building and operating a generating plant during an assumed financial life and duty cycle", and is calculated as the ratio between all the discounted costs over the lifetime of an electricity generating plant divided by a discounted sum of the actual energy amounts delivered.[3] Inputs to LCOE are chosen by the estimator. They can include the cost of capital, decommissioning, fuel costs, fixed and variable operations and maintenance costs, financing costs, and an assumed utilization rate."

https://en.wikipedia.org/wiki/Levelized_cost_of_electricity

So once again it depends on ASSUMPTIONS made.

Maybe you should do some further reading.

lee wrote on Jul 6^th, 2024 at 7:43pm:


Don't cry,  just because you got caught lying again.   

John Smith wrote on Jul 6^th, 2024 at 6:10pm:


Speaking of who is clueless.

What part of any of the sciences, infrastructure engineering & construction projects wasn't garnered in Australia without OS assistance?

Railways, Sydney Harbour Bridge, Opera House &

the biggest one of all The Snowy Mountains Scheme......overseen by a NZ born engineer Sir William Hudson and it used 100,000 plus migrant workers.

Quote:


You're clutching at straws like Booby crapping on we can't build nuclear because we have no one here with experience in the field.

Christ on a bike what seasoned experience would the Argentinians, Armenians, Bangladeshis, Brazilians, Bulgarians, Indians, Iranian, Pakistan, Romania etc had to have built or are building nuclear power stations????????

lee wrote on Jul 7^th, 2024 at 11:57am:


What threats? Right now there appears to be an oversupply. There is a good chance some mines will close because the price has crashed.

Do you think renewables are going to suddenly start getting more expensive?

Gnads wrote on Jul 7^th, 2024 at 10:58am:


Were not talking about the harbour Bridge dumbarse,  we're talking about the propsed nuclear power plants. The only bs is the crap you spew out almost every time you post..

lee wrote on Jul 7^th, 2024 at 3:48pm:


No-one knows when or if that undersupply will come. Lithium prices were high 2 years ago and low now, and people assume it will be high again due to inevitable cycles in the market. That is, it is oversupplied now because of the high prices two years ago driving investment, and it "might" be undersupplied in a few years time due to the current low prices discouraging investment. That being said, there is still huge investment happening in ventures that are not profitable at today's prices. If the CCP stops subsidising electric vehicles, we might not see high prices again for a decade.

Bottom line is, you are confusing efforts by investment analysts to forecast both supply and demand of lithium far into the future, with the actual cost of producing lithium, which is entirely different. A market price that is far higher or far lower than the actual cost of production is not sustainable. It will inevitably be temporary.

freediver wrote on Jul 7^th, 2024 at 5:41pm:


It's not childish at all ... it's factual evidence that the technology is a viable & sensible option if this country & the Church of AGW/Climate change buffoons want to make a real difference to our CO2 emissions & reach our net zero emissions
target.

Otherwise you are just renewable dogs barking up the wrong tree & costing the country a fortune whilst lining the pockets of corporate energy companies involved who still have their fingers in the fossil fuel industry.