The scale of Chinese production since 2010 has driven the price of these technologies down by 60 to 90 percent, the researchers found. And last year, more than 90 percent of wind and solar projects commissioned worldwide produced power more cheaply than the cheapest available fossil-fuel alternative, they said. That cost advantage might have seemed laughable before China began pumping billions of dollars of subsidies into the sector.
No, lithium batteries were developed over several decades before they reached a level where they became stable and affordable enough for mass consumption.
There is not a single point that is the driver of such trends, but I’d say that the research resulting in batteries becoming good enough for ever more use cases, is a major part of what drives adoption.
And on that point I’d agree that China is ahead. With BYD and CATL leading the development of better car batteries.
But they are not engines drivings nations away from fossil fuels. Because for instance Europe has been working on that shit since the 70’s.
Sure China is a part of it now, I’ll even admit they are a significant part, but they were not at any point in time the driver for it, and Japan and Korea weren’t either.
It would be more fair to say Denmark was a driver for the adoption of wind turbines, because Denmark was the country that invested money in developing the technology basically from scratch, to enable the big MegaWatt turbines we have today. Something that was developed in Denmark when most didn’t care to, and the few that did failed to make commercially viable turbines. And the Danish company Vestas now also has the world biggest wind turbine production.
But although Denmark were a driver, they aren’t anymore, because wind turbines can now and are developed and built all over the world.
The same with batteries, batteries are developed and built all over the world, with Samsung, Panasonic, LG also being reputable producers of batteries, China is just the biggest production hub, and on some types of batteries they are ahead. But China is not the engine driving this industry, it could be said to be mostly increased demand for electric cars, and electric cars is not a country.