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s1artibartfasttoday at 1:53 AM1 replyview on HN

Does it really look more favorable? My understanding was that such far future returns had minimal Net Present Value


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hansvmtoday at 4:12 AM

Net Present Value isn't quite the right thing to look at. Inflation-adjusted energy prices have been rising over time, so the thing these batteries are projected to deliver (fixed impact on that electricity grid) increases in value over time even after the NPV discount. The more important component is the "risk-adjusted" NPV, which may or may not make tech like this effectively worthless.