It was projected that mechanical long duration energy storage systems will account for the highest capital cost in 2030 and 2040, at over 200 U.S. dollars per kilowatt-hour electric for a 24-hour duration. By comparison, thermal and mechanical LDES were forecast to have a CAPEX below 50 U.S. dollars per kilowatt-hour electric by 2040.
Projected capital cost of long duration energy storage systems worldwide in 2030 and 2040, by technology
(in U.S. dollars per kilowatt-hour electric)
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LDES Council. (November 8, 2023). Projected capital cost of long duration energy storage systems worldwide in 2030 and 2040, by technology (in U.S. dollars per kilowatt-hour electric) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1463269/long-duration-energy-storage-capital-cost-by-type-worldwide-forecast/
LDES Council. "Projected capital cost of long duration energy storage systems worldwide in 2030 and 2040, by technology (in U.S. dollars per kilowatt-hour electric)." Chart. November 8, 2023. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1463269/long-duration-energy-storage-capital-cost-by-type-worldwide-forecast/
LDES Council. (2023). Projected capital cost of long duration energy storage systems worldwide in 2030 and 2040, by technology (in U.S. dollars per kilowatt-hour electric). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1463269/long-duration-energy-storage-capital-cost-by-type-worldwide-forecast/
LDES Council. "Projected Capital Cost of Long Duration Energy Storage Systems Worldwide in 2030 and 2040, by Technology (in U.S. Dollars per Kilowatt-hour Electric)." Statista, Statista Inc., 8 Nov 2023, https://www.statista.com/statistics/1463269/long-duration-energy-storage-capital-cost-by-type-worldwide-forecast/
LDES Council, Projected capital cost of long duration energy storage systems worldwide in 2030 and 2040, by technology (in U.S. dollars per kilowatt-hour electric) Statista, https://www.statista.com/statistics/1463269/long-duration-energy-storage-capital-cost-by-type-worldwide-forecast/ (last visited December 23, 2024)
Projected capital cost of long duration energy storage systems worldwide in 2030 and 2040, by technology (in U.S. dollars per kilowatt-hour electric) [Graph], LDES Council, November 8, 2023. [Online]. Available: https://www.statista.com/statistics/1463269/long-duration-energy-storage-capital-cost-by-type-worldwide-forecast/
