“LDES products provide benefits that the current market doesn’t yet fully compensate for. A key potential revenue source could be a predictable resource adequacy financial benefit. DOE posits that around $50 to $75 per kW could directly support LDES investment.
Attaining the 260 GW to 440 GW deployment goal, which corresponds to many tens of terawatt-hours of product (although not explicitly stated in the document), could necessitate 1.5 million to 2.1 million direct jobs years in engineering and construction.”
https://pv-magazine-usa.com/2023/05/25/u-s-government-eyes-9-billion-liftoff-for-long-duration-energy-storage-by-2030/
The renewable energy transition can not hope to replace fossil fuel generation without Long Duration Energy Storage.
Li ion batteries will probably be the most critical element of LDES for years to come.
Sayona are as cashed up and ready as anyone to become a force in the emerging Industrial Revolution.
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