On the ESS front, growth is +100% atm, given its rising from a lower base. Long term, I believe Li-ion will have a strong presence in home and medium business storage, whereas a mix of tech will be used in grid and larger scale applications. However and as you say, cost is a key driver of adoption, and Li-ion costs continue to fall. Also, if you are in the business of making batteries and have invested capex based on Li-ion tech, I'm pretty sure that represents a reasonable barrier for new tech entering the market, at least until that investment has delivered a decent return on capital outlay.
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