93. Supply chain - wind, solar, batteries: how to fix the mess? - Mar23
Redefining Energy
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Redefining Energy
The battery area is very interesting because of the fact that, and we have to ask why a battery price has gone up. They've gone up because raw material prices have gone up, in particular, lithium. And what the lovely thing about batteries is you can change the chemistry. You can actually use more lithium or less cobalt, or more nickel. There's different chemistries, which mean, actually, that you change the chemistry, and you can actually continue to drive costs down. That's sort of what I think you're going to see in this space going forward: Battery prices are going to continue going down.
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