Assume that the village would like a modest 2 kWh battery backup system, costing $500/kWh....

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Accounting

Assume that the village would like a modest 2 kWh battery backup system, costing $500/kWh. Unfortunately, the batteries have a much shorter lifespan than the solar panels, only around 8 years at the village's usage rate, leading to a higher CCF of .15. Whats the additional LCOE that the batteries will add to the system? Ignore any costs of operating the battery, or electric losses.

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