So we're using Trust Me Bro accounting everywhere now?
2) environmental impact of lithium ion battery waste, vs sand battery.
3) ethics of lithium mining.
4) how lithium ion batteries perform poorly at colder temperatures (eg Finland)
There are a lot of strong arguments for these batteries the author seemed to just skip over, and instead focused on costs, which they don’t know the answer to.
If you try gauge the price from that cavern storage (estimated 200 million euros) then lets say it has some economies of scale, maybe this sand battery costs like 500k-1M euros.
If you just heat the storage on cheap hours and output at high prices. You could in theory cycle (24*365/2) hours at 1 MW so 4,4 GWh of energy per year. So how could be the project profitable?
In 10 year period with full utilization price differential would need to be 22.8 €/MWh to break even with 1M investment, then add operating costs, loan interest, etc. With more realistic utilization it would need to even higher.
Maybe you amortize costs over 20, 30 years. But its's even more uncertain what cost of electricity will be. I think it only makes sense if this storage allows them to electrify heat production replacing much more expensive current production.
Just yesterday we had 6 hours of negative prices, followed shortly after by one hour at 2.66 c/kWh and four more over 3 c. Friday had swings from 0.4 c to 13 c.
(All prices with VAT included)
And this is in summer when energy consumption is low, the swings will intensify when the heating season starts.
The obvious problem is it can only really be used for heating, not electricity. But heating is still a fine use when available.
I know MGA Thermal have a demo project that the gov funded, but is there anything in commercial use?
Here the "battery" is "charged" using electricity as input, however the electricity in Finland comes mostly from nuclear, wind or hydro[1], so should be able to utilize the renewable peaks well.
But yeah, I'd be surprised if this system would be as cost-effective if you didn't already have a centralized heating system to plug this into.
(2022) https://www.treehugger.com/viral-sand-battery-isnt-what-it-s...
0cf8612b2e1e•3h ago
senectus1•3h ago
oliwarner•16m ago
But the "smaller prototype" is 8MWh. Their estimate of $25/kWh would make that $200k, and this 100MWh unit should scale to $2.5M but there have already received many times that in funding. Who knows.