Comment How is this anywhere near profitable? (Score 1) 317
My understanding is that Li Ion batteries have a lifetime of 1000 full charge cycles or roughly the proportional number of partial cycles. This means paying 3000 USD for 1000 cycles of 7 KWh, 43 cents per KWh. Why is this interesting for storing electricity other than possibly for emergencies where the cost may be less important? And if one is truly concerned about emergencies, why not buy an electric generator at a fraction of the cost and keep a 20 liter can of gas at 10 KWh per liter? Am I missing something fundamental here?