ERD50
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
To me the cost of storage needs to be compared to the cost of production... IOW, why spend billions of dollars on a means for storage might be able to make a few plants that can produce the same amount for less... now, that is if the cost of production is cheaper than storage... ...
It depends on the goal. If the goal is to not use fossil fuel, then it isn't just a cost comparison to other generation. It comes down to "can we afford to go non-fossil?".
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Most other forms of battery are around $0.30 and above it seems. Which surprised me that it was that low. Two more halvings in cost are needed, that'll be a while longer.
Sources:
https://en.wikipedia.org/wiki/Cost_of_electricity_by_source
But that would be cost of storage, right? You need to add the cost of production to charge those batteries.
So a couple halvings would get us to an added ~ $.08/kWh, which is significant, but not the end of the world. I don't know if/when two more halvings is feasable.
-ERD50