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One of the downsides of renewable sources is their intermittent supply cycle. The sun doesn’t always shine and the wind doesn’t always blow. Technologies like batteries that store electric power are key to balance the changing supply from renewables with the inflexible demand for electricity.
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At their current price there might only be demand for five large power storage systems in the world, but as a prediction for the future this might sound foolish one day (if you don’t know what I’m alluding to, you skipped reading the text in the fold-out box
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Fortunately electricity storage technologies are also among the few technologies that are following learning curves – their learning curve are indeed very steep, as the chart here shows.
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for more information. If an SVG form of this image is available, please upload it and afterwards replace this template with
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This chart is from my colleague Hannah
Ritchie; she documents in her article that the price of batteries declined by 97% in the last three decades.41
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The following pages on the
English Knowledge (XXG) use this file (pages on other projects are not listed):
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Uploaded a work by Max Roser from https://ourworldindata.org/cheap-renewables-growth with UploadWizard
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It is recommended to name the SVG file “Battery-cost-learning-curve.svg”—then the template
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Batteries and electricity storage follow learning curves too
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Commons Attribution-ShareAlike 4.0 International
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Add a one-line explanation of what this file represents
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Commons is a freely licensed media file repository.
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Utilisatrice:IBG2018/Source d'énergie variable
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