Cost Projections for Utility-Scale Battery Storage: 2025 Update
In this work we describe the development of cost and performance projections for utility-scale lithium-ion battery systems, with a focus on 4-hour duration systems. The projections are developed from an
Lithium-Ion Battery Prices Fall 2025 to Record Lows
Battery pack prices for stationary storage applications reached $70/kWh in 2025, representing a dramatic 45% year-over-year reduction. This segment experienced the steepest
Battery energy storage prices spike in Q2 2025 – pv magazine USA
According to Anza''s Q2 Storage pricing insights report, the second quarter saw the sharpest single jump in battery energy storage prices since 2021, when the industry was dealing with
Battery storage system prices continue to fall
In 2025, the global average price of a turnkey battery energy storage system (BESS) is US$117/kWh, according to the Energy Storage Systems Cost Survey 2025 from BloombergNEF
Battery Prices Plunge as Grid Storage Smashes 2025 Goals and U.S
Average lithium‑battery prices in 2025 are projected around $100 per kWh or slightly below, With battery packs in China potentially dropping under $100 per kWh, while U.S. and
Why Lithium-Ion Battery Prices Are Dropping: 2025 Analysis
Analysts project that battery prices will continue to fall, although the rate of decline may slow compared to the steep drops of the past decade. Factors such as increased manufacturing
How Lithium Battery Prices Are Changing In 2025
In 2025, the average lithium battery price per kilowatt-hour (kWh) continues to fall. Most industry forecasts place the global average between $85 and $100 per kWh, with some sources
Lithium-Ion Battery Pack Prices Hit Record Low at $108/kWh
BloombergNEF''s 2025 survey finds average lithium-ion pack prices dropped 8% to $108/kWh, driven by LFP adoption, overcapacity, and competition. Stationary storage costs plunged
Lithium-Ion Battery Pack Prices Fall to $108 Per Kilowatt-Hour,
Battery pack prices for stationary storage dropped to $70/kWh in 2025, 45% lower than in 2024. This is the sharpest drop across all segments, making stationary storage the lowest-priced