$25/kWh is good estimation for LFP cell cost. There are however some disruptive elements coming which can drag that below $10/kWh before 2030’s. Just an example: as BESS segment is going for longer duration the industry can use less refined marerials and even from mine-less sources. Leaching was mentiones for material recovery but those same methods apply to waste from other industries. Meaning we already have in Europe more than 5 TWh worth of cell materials ”wasted” annually. Funny thing is that these same waste flows do not exist in China yet as they do not have similar rigid system for waste control.
European countries can make any battery prototype. But only the Chinese government wants subsidies Factory construction to batteries On a mass scale . In 2020 there are 24 planned sodium battery factories . But only 20 were built and all in China.Meanwhile, the remaining 4 in Europe and the United States are hampered by funding ,High energy costs and regulations. In china , renewable energy gets full support from the state .
Great interview, however I think you guys miss the elephant in the room concerning next chemistry dominating, which to me seems to be lithium sulfur, which is already getting built Factory in Nevada and can scale up and they say production costs down to $50 per kilowatt hour and 300 watts per kilogram of energy density. These stats will overtake even lfp and they plan to ramp starting in 2027.
LiS has still mountains to climb before it has enough trust to lure in few thousand billion dollars as part of the energy system. LFP is now already doing this hard work. So for the best ROI and market size LFP is the only way to go now.
I'm just an average french dude building my own battery based on 280ah lifepo4 cells, and this content is super interesting
Incredibly informative discussion. Excellent guest.
This was very much worth the watch.
Thanks, and a very well informed and intelligent guest.
Excellent questions, precisely and clearly answered.
good chat guys.
keep the info coming.
very very good run down, was hoping we would get around to Flow Batteries for fixed storage systems.
$25/kWh is good estimation for LFP cell cost. There are however some disruptive elements coming which can drag that below $10/kWh before 2030’s.
Just an example: as BESS segment is going for longer duration the industry can use less refined marerials and even from mine-less sources. Leaching was mentiones for material recovery but those same methods apply to waste from other industries. Meaning we already have in Europe more than 5 TWh worth of cell materials ”wasted” annually. Funny thing is that these same waste flows do not exist in China yet as they do not have similar rigid system for waste control.
European countries can make any battery prototype.
But only the Chinese government wants subsidies Factory construction to batteries On a mass scale .
In 2020 there are 24 planned sodium battery factories . But only 20 were built and all in China.Meanwhile, the remaining 4 in Europe and the United States are hampered by funding ,High energy costs and regulations.
In china , renewable energy gets full support from the state .
At the cost of the environment, ironically.
@@samwood4733 Same as fossil fuels. But Battery and solar panels can be recycled. Not the same as oil.
And China is actively trying to get more talent in. Compensations offered are ludicrous. 🤯
Great interview, however I think you guys miss the elephant in the room concerning next chemistry dominating, which to me seems to be lithium sulfur, which is already getting built Factory in Nevada and can scale up and they say production costs down to $50 per kilowatt hour and 300 watts per kilogram of energy density. These stats will overtake even lfp and they plan to ramp starting in 2027.
LiS has still mountains to climb before it has enough trust to lure in few thousand billion dollars as part of the energy system. LFP is now already doing this hard work. So for the best ROI and market size LFP is the only way to go now.
Na-Ion....