Energy storage: costs, prices and finance at a glance

10/13/2016 | Print view

Mathias Hammer of Senec predicts a dramatic drop in system prices for energy storage. - © Heiko Schwarzburger — © Heiko Schwarzburger

Mathias Hammer of Senec predicts a dramatic drop in system prices for energy storage.

A price decline between 40 to 50 percent within four years: the downfall of costs for energy storage systems, solar batteries and stationary PV accumulators makes this new technology a big deal in the energy transition. And costs are still running further down. Soon lithium batteries will meet the costs of lead energy storage systems. We observe the rapid decline with our expert eyes and give helpful information on financing.

Read here our latest reports on costs and financing:

Energy storage costs predicted to fall substantially, Roland Berger says

Commercial energy storage for 10 Cent/kWh

Costs rapidly falling

Yield retrun of 4 to 24 percent of solar self-consumption new study says

Energy storage and solar batteries venture capital funding doubled

Energy Storage: Global grid-connected capacity to double in 2016 and surge 21 GWh by 2025 IHS says

Energy storage: $1.03 billion market in Germany by 2021 according to GTM Research

Energy Storage Europe 2016: Dropping Battery Prices But 50 Per Cent Increase in Exhibitors

IHS: Global pipeline of grid-connected energy-storage projects hits 2 GW with a 90 percent market share for Li-ion batteries

Combined storage systems on the rise, market prices continue to fall

Energy storage: keep up with the latest product news