Global Power Storage Pricing: BESS Most Cost Competitive With Declining Input Costs
Power / Global / Mon 13 May, 2024
Key View
- Battery energy storage systems will be the most competitive power storage type, supported by a rapidly developing competitive landscape and falling technology costs.
- We expect the price dynamics for lithium and nickel to remain favourable for battery storage developers, while copper will place upward price pressures as the demand from other