Peak Energy

“We can see pretty clearly for the next two years, because we have quotes from both from raw material suppliers and from cell suppliers that take the, you know, like the price is falling by about 20 dollars per kilowatt hour over the next two, two-ish years, tw…”

“Two years ago, LFP was twice as, almost twice as expensive as it is today”

“Depending on which LFP you're comparing to, the cells that we're working on are somewhere between 15 to 30 dollars per kilowatt hour more expensive than equivalent LFP on a cost per kilowatt hour basis.”

“Today, you know, the cost of the hardware is probably only about a third of the total project cost. O&M, so all operating and maintenance, including Like, degradation maintenance, aux power, RTE losses, that is about another third of the total cost, NPV'd at, …”

“I think we'll still be about a 10 dollar per kilowatt hour more expensive if you talk like 20, 28.”

“Just on aux power, we're 50 times, a little bit more than 50 times more efficient. We use 50 times less power than an equivalent LFP system.”

“From the quotes and what we're hearing from the suppliers, not just cells, but also materials, we see a really low-risk pathway to the crossover point on price with LFP coming somewhere between twenty-twenty-eight and twenty-thirty out of China.”

“If you add all that stuff together, we're at about, in a hot region, like let's take like Miami or Phoenix, we're at about a 75 dollar per kilowatt hour NPV benefit on a TCO basis versus an equivalent LFP system.”

“We try to depopulate a lot of the subsystems that drive cost, complexity, and energy density loss here. And what that lets us do is actually get to a balance of system cost Despite a serious energy density penalty that is already today pretty much on par with …”

“We got two cells, equivalent cells, same size on test in our lab right now. LFP is at about 26,026 hundred cycles, and it's at 80% state of health. NFPP is almost 3000 cycles same cell, and we're at 95 94.5 percent.”

“The first three and a half megawatt hour unit of capacity is going into the grid right now, and in Denver, it's going to be the largest outside of China. All that's exciting, but what I'm really excited about is that it's the first passively completely passive…”