Tuesday, October 29, 2024

Have Batteries for Ireland's excess wind energy

Ireland regularly produces more energy, from wind, than it needs at night. 95GWh is more than the increase that happens 5-7pm. This means that if we could store the wind energy at night it would significantly help during peak hours of the evening.



How much would this cost? 

"Benchmark Lithium ion Battery Cell prices have fallen to $66.5/kWh in September (Benchmark’s Global Weighted Average); falling just shy of 20% this year". So if we store €60.38 worth of kWh energy that means the battery pays for itself.



At retail prices that is 190 stores and discharges. There is a wholesale retail difference but still six months payback time is so short as to still make it really economical.

Solar already significantly add to the electricity supply which means you might be able to get two discharges on a battery a day. Once in the smaller morning peak using overnight wind power and again in the evening using the days solar.




We have excess wind energy, and next summer solar, so often that grid scale lithium batteries could pay for themselves in months.

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