Germany awards 2.15 GW in PV tender. Average price €0.0505/kWh, prices ranging between €0.0450/kWh and €0.0524/kWh. Source: IntrepidGentian
October 8, 2024Energy storage is a solved problem. There are thousands of extraordinarily good pumped hydro energy storage sites around the world with low capital cost. When coupled with batteries, the resulting hybrid system has large energy storage, low cost for both energy and power, and rapid response.
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How do these prices compare with the price for gas/coal/etc?