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Contrary to many predictions, so much new lithium is being mined there is a global glut and falling prices. (www.mining.com)

submitted 1 month ago by [email protected] to c/[email protected]

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[–] [email protected] 10 points 1 month ago (3 children)

Awesome, maybe I'll be able to afford a whole home battery soon

[–] [email protected] 4 points 1 month ago

maybe i’ll be able to afford a whole home ~~battery~~ soon

FTFY

[–] [email protected] 4 points 1 month ago (1 children)

My issue with whole home battery is that economies of scale seem to say that solar farms and bigger battery banks would be more efficient than installing solar panels on already habituated areas.

[–] [email protected] 6 points 1 month ago

They are more efficient however distributed power is better for overall grid resiliency.

Not to mention having a solar system at home with a battery means having power if the grid goes down for any reason.

[–] [email protected] 1 points 1 month ago

Cobalt has always been the expensive part. But there are battery chemistries now without cobalt, so hopefully those can be cheaper.