Competing Battery Costs

The discussion highlights the critical challenge of new battery technologies needing to outperform future lithium-ion prices rather than current costs. Greg emphasizes that to remain competitive, emerging technologies must aim for a total installed cost of $100 to $150 per kilowatt-hour by 2035, significantly lower than today's prices. The conversation draws parallels to past failures in the solar industry, underscoring the importance of anticipating market shifts and cost reductions in energy storage solutions.