The cycle life of these kinds of batteries is about 5000. Meaning they get about 5000 charge and discharge cycles before their useful life is over. It could be 2000 it could be 10000 and the definition of useful is also dependent on application.
So in it's lifetime this battery can store 5000 * 565 = 2825000 MWh
The cost of the system was $219M.
About 5% of energy is going lost due to inefficiencies.
The cycle life of these kinds of batteries is about 5000. Meaning they get about 5000 charge and discharge cycles before their useful life is over. It could be 2000 it could be 10000 and the definition of useful is also dependent on application.
So in it's lifetime this battery can store 5000 * 565 = 2825000 MWh
The cost of the system was $219M.
About 5% of energy is going lost due to inefficiencies.
$219M / (5000 * 565 * 0.95) = $81.6/MWh = $0.082 / kWh.
I am sorry for calculating the efficiency incorrectly in the original post.
This does not take into account the maintenance cost.