| ▲ | epistasis 3 hours ago | |
Battery production capacity grows by 10x every five years. In 2021 there was ~100 GWh of batteries produced a year. In 2031, it's going to be 20-30TWh per year. Current batteries have 10+ year warranties, and last 20-25 years. We're likely to see 30 years+ for the newer sodium ion batteries. For something like 20 years, people have been looking at the exponential growth in the annual solar deployments and saying "well that's it, starting next year we're only going to deploy exactly as much as last year, plus 5%-30%". And every year these predictions are proven wrong. And every year they do the same dumb thing again: https://pv-magazine-usa.com/2020/07/12/has-the-international... Let's not repeat the same projection mistake with batteries that's been going on with solar for so long. | ||