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53 - Iron air storage with David Hill (Director of Business Development @ Form Energy)

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How to Change Your Frame of Reference Around Round of Efficiency

Doing lithium ion over 100 hours is just basically nonsensical, right? No. For a load of different reasons, not just the CapEx. Round to efficiency is very important when you're cycling the battery multiple times because you're not losing as much energy. But I just, it's a case of what I said already. It is fundamentally built on our ability to charge up the battery using energy that would either be curtailed or we are in a place of sort of massive oversupply. And there's not enough demand on the system to take it.

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