With a new projected cost of 25 billion USD the cost overruns of the Vogtle Plant are worse than I thought. There is a reason why nuclear is losing to natural gas and coal. It's too damn expensive and takes too long. If this money was instead spent on building more storage capacity we'd have solved our energy problems a long time ago and even if we started today we'd be done long before the nuclear plant is online. T…
I think the flow battery can get even cheaper than this for 24hr storage. Recent price claims[1] were $150/kWh at 4hr, and $100/kWh at 8hr - this puts the cost of charge/discharge rate at $400/kW and the cost of the energy storage at $50/kWh.
1kW @ 4hrs = (400+ 50* 4) /4 = 150$ (50+400/4)
1kW @ 8hrs = (400+ 50* 8) /8 = 100$ (50+400/8)
1kW @24hrs = (400+ 50* 24) /24 = 66$ (50+400/24)
So it really was a bit crazy to estimate 500$/kWh for that storage, 200$kWh would be absolute maximum present price for flow battery, and under $75kWh seems likely.