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Rising battery storage costs: A long-term trend or short term blip?

Cecilia Keating

06 January 2023 • 5 min read

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Harmony Energy Income Trust’s 98MW / 196MWh battery energy storage project in Pillswood, East Yorkshire

New BloombergNEF analysis charts the rising cost pressures faced by the global stationary energy storage market

The price of battery energy storage systems rose for the first time since records began in 2022, as raw material and component costs soared, and developers and system integrators increased their margins...

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Cecilia Keating

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