It is changing fast.
From Renew Economy at the start of 2024 they were around $900 /kwh , July they were as low as $600 /kwh.
I priced it at $500.
I've just seen the CSRIO is suggesting that prices will be $367/kwh by the end of the decade.
So at $367 per KWH, its $367 000 per MWH.
At $367 the price of replacing 14 hours of Hazelwood is $16.8 Billion.
In a big factory in China , they shove a handfull of AA sized batteries into a plastic box. They shove the plastic boxes into a bigger box and stick it in a shipping container to 4WDsupercentre.
Now you can't just shove 306 thousand tonnes of those into shipping containers and dump them in a paddock in Australia.
a) You need to buy the paddock.
b) You need to build the facility. ( With Aussie construction prices ).
My internet is a bit haywire at the moment, but i just saw a glimpse of an indian based article suggesting that the plummeting prices were more to do with a "price war" in china as new factories come online.
