I try to do some numbers the best I can. Assuming cost of $1.25 per MWh (same as in California) this costs roughly $150 million. You would need 260 of these to cover all Australian households for $39 billion. This is dayscale storage and emergency supply to stabilize electricity grid. It provides emergency supply for 30,000 homes and grid stabilization. Lithium energy competes in this category with Flywheel energy st…
So, totally worth it ($120 billion) for a 0.01% reduction in global ghg emissions.
(if it truly scales, the price will drop dramatically when volumes grow).