Financial risks

While battery technology is over a century old, the types of cell proposed for utility storage are novel and experience with them is limited. Most of the promising designs are in the demonstration of early commercialisation stage. This uncertainty about the technology means that there is a significant technological risk. Some operating lead acid storage plants are now over a decade old, providing early feedback about cell lifetime as well as operating experience. Much more is needed to establish a good measure of their potential.

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