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battery cost
Li-ion BESS costs could fall 47% by 2030, NREL says in long-term forecast update
June 20, 2023
The US National Renewable Energy Laboratory (NREL) has updated its long-term battery energy storage system (BESS) costs through to 2050, with costs potentially halving over this decade.
Newsletter
Most Popular
Spearmint Energy secures US$450 million for 600MWh Texas BESS project
CATL supplying 1.5GWh for Grenergy’s long-term tolled Spanish BESS projects
US ROUNDUP: BESS news from NeoVolta, Goshe, Frontier Power & Stella and Prevalon
California Energy Commission approves 3.2GWh BESS project through Newsom’s accelerated permitting scheme
BloombergNEF ups BESS forecast as renewables add resilience from fossil fuel price shocks
ERCOT incentivises grid-forming BESS with US$25 million programme
Upcoming Events
The Impact of Germany’s Ramp Constraints and Grid Limitations on the Energy Storage Business Case
June 2
- June 2
, 2026
10am BST / 11am CEST
RE+ South Africa
June 2
- June 4
, 2026
Johannesburg, South Africa
Energy Storage Summit At The Battery Show Europe
June 9
- June 11
, 2026
Stuttgart, Germany
How solar IPPs hybridise: Lessons for solar-plus-storage design and operation, with Sonnedix
June 10
- June 10
, 2026
3pm BST / 4pm CEST
ESS Europe 2026
June 23
- June 25
, 2026
Munich, Germany
Clean Power 2030 Summit | UK Solar Summit 2026
June 30
- July 1
, 2026
Novotel London West, London, UK
