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Assault and batteries : Comments
By Geoff Carmody, published 17/4/2018The Victorian batteries can power 39,200 homes for one hour. Ignoring industry, for homes this is a drop in the power demand bucket.
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If as some claim the Hornsdale battery cost $50m for 129 Mwh the unit capex is nearly $400 per kwh. Opinions differ on how much energy storage is required for a 100% renewable grid. Some say storage needs to be 10% of annual demand so for Australia call 10% of 257 Twh as 26 Twh or 26 bn kwh. Times $400 per kwh is $10.4 trillion. Play around with the figures but you'll always get an astronomical result.
What with essential aircon, population growth and millions of EVs Australia will need to get at least 60% of its low carbon power from nuclear. We can grasp that now or later when the panic sets in.