The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

cost reduction

October 18, 2023
Cumulative energy storage installations will go beyond the terawatt-hour mark globally before 2030 excluding pumped hydro, with lithium-ion batteries providing most of that capacity, according to new forecasts.
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.
September 20, 2022
Supply chain constraints impacting the energy storage industry have come at a “critical” stage for the sector’s development, a BloombergNEF analyst has said.
September 8, 2022
The Q3 2022 edition of our journal PV Tech Power is now available to download, featuring in-depth coverage on the rise of solar-plus.
September 6, 2022
LFP batteries from CATL and Narada are among those ranked highest performance for stationary energy storage in DNV’s new ‘Battery Scorecard’.
September 5, 2022
High cost and material availability are the main non-technical barriers to energy storage deployment at the scale needed, according to a new report from MIT.
March 10, 2022
From 10GW of battery storage expected to be deployed in the US over the next two years, more than 60% will be installed with solar PV.
February 25, 2022
Although different energy storage technologies are often thought of as in competition with each other, it’s a case of all-hands-on-deck if we are to achieve deployment targets.
February 24, 2022
Pandemic-related supply chain issues for lithium battery materials hitting the energy storage space are just “bumps in the road” for the sector, and the supply chain will “come out stronger because of it”.
December 1, 2021
Supply chain shocks are causing short-term rises in the price of lithium-ion battery packs, but overall the price trend is downward and by 2024 average prices could dip below US$100/kWh.

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