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The relevant figure is not how much storage costs now, but how much storage would cost N years in the future, where N = number of years to build a nuclear power plant starting the planning now - number of years to do the same to a battery installation.

BTW, LFP batteries in China are just crashing in price recently (cell price).

https://www.nextbigfuture.com/2024/01/ev-lfp-battery-price-war-w-55-in-six-months.html

Global battery production approached 1.1 TWh of capacity in 2023, most of that in China.

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james_davis_nicoll

James Nicoll Reviews

June 2025

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