> Edit: I just rechecked China and wow! $0.08 per kWh. Can anyone confirm?
Yes, it is in the ballpark of $0.08/kWh. It varies a little bit across regions. Also in some places the price is only half during the night. But as you consume more power, you may see the price rise to $0.12/kWh.
In 2024, cost of renewable + storage was 0.52-0.88 CNY/kWh($0.08-$0.12). Advancement in storage is expected to drive that cost down by more than 50%.
Yes, it is in the ballpark of $0.08/kWh. It varies a little bit across regions. Also in some places the price is only half during the night. But as you consume more power, you may see the price rise to $0.12/kWh.
In 2024, cost of renewable + storage was 0.52-0.88 CNY/kWh($0.08-$0.12). Advancement in storage is expected to drive that cost down by more than 50%.