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> New grid storage batteries cost around $200-300/kWh

That doesn't sound right. You can already get high-quality, prismatic LFP cells for ~50 US$/kWh [1] from European distributors at low-volumes, so bulk from China should be even cheaper. And there's no way that balancing and BMS cost an additional 150-250 US$/kWh at scale, not even a tenth of that.

[1] https://www.nkon.nl/novat/eve-lf230-prismatic-230ah-230a-lif...



Right, $200-300/kWh is more the range for ~16kWh residential stationary energy storage systems.




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