Battery Plants are still being built all over the US. The construction company I am affiliated with has 10 that are being built, with an 11th in Noth Mississippi getting underway. Obviously free gubmint $ starts them off BUT longterm contracts must be in place to sustain them. Looks like no demand for their product at all but they are still getting built at billions each...
Maybe they know something that we don’t...
“longterm contracts must be in place to sustain them. “
Ask the windmill mfgrs about their cancelled long term energy contracts for offshore wind in the northeast US.
I really don’t object to the idea of storing energy in battery plants to stabilize the grid but question the long-term affordability of these plants with the inevitability of battery replacement looming (sooner then you think). Some of the advanced storage batteries like vanadium redox flow type can last longer but still, 25-30 years is the outside limit.
The owners of the company will steal some of the .gov money and then run.
Then the plants will close—and everybody will wonder why that happened.