Those are not the metrics that are important for storing wind and solar. Cost per MWh is the important one.
It is great to see, and isn’t an unreasonable jump from lifepo4. They already do 4-6k charge cycles with something like 20% degradation. This is a bigger deal for electronics and vehicles as it would make battery replacements unnecessary.
But cycle life is a central parameter for the cost of a battery, the longer it lasts the more rarely you have to replace it. In the longer term, a battery that lasts twice as long can be practically half as expensive.
Those are not the metrics that are important for storing wind and solar. Cost per MWh is the important one.
It is great to see, and isn’t an unreasonable jump from lifepo4. They already do 4-6k charge cycles with something like 20% degradation. This is a bigger deal for electronics and vehicles as it would make battery replacements unnecessary.
But cycle life is a central parameter for the cost of a battery, the longer it lasts the more rarely you have to replace it. In the longer term, a battery that lasts twice as long can be practically half as expensive.
Assuming the manufacturing costs (materials + utilities + other fees + labor + profit extraction) for the two types of batteries are equal, yes.