"Soaring investments in battery technologies, advancement in technology, and rapid cost reduction are set to speed up the global energy transition, Rocky Mountain Institute (RMI) said in a ‘Breakthrough Batteries ’report at the end of October.
Total manufacturing investment, both previous and planned until 2023, is some US$150 billion, and analysts expect the capital cost for new planned battery manufacturing capacity to drop by more than half from 2018 to 2023, RMI said.
“This is opening new markets—as performance and costs improve—and will push both lithium-ion (Li-ion) and new battery technologies across competitive thresholds faster than anticipated,” according to the report."
Ok so it's this part that I like "
And analysts expect the capital cost for new planned battery manufacturing capacity to drop by more than half from 2018 to 2023, RMI said. "
If you've got solar seems to me you'll have a battery soon enough...Li-on that is.
Ann: Plant Performance Update, page-169
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