The global levelized cost of electricity for stand-alone utility-scale battery storage facilities is projected to halve by 2050. Their LCOE will likely decrease from 360 U.S. dollars per megawatt-hour in 2022 to 240 U.S. dollars per megawatt-hour by 2030.
Levelized cost of electricity of stand-alone utility-scale battery storage systems worldwide in 2022, with a forecast for 2030 and 2050
(in U.S. dollars per megawatt-hour)
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IEA. (April 24, 2024). Levelized cost of electricity of stand-alone utility-scale battery storage systems worldwide in 2022, with a forecast for 2030 and 2050 (in U.S. dollars per megawatt-hour) [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1471681/utility-scale-stand-alone-battery-storage-lcoe-forecast/
IEA. "Levelized cost of electricity of stand-alone utility-scale battery storage systems worldwide in 2022, with a forecast for 2030 and 2050 (in U.S. dollars per megawatt-hour)." Chart. April 24, 2024. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1471681/utility-scale-stand-alone-battery-storage-lcoe-forecast/
IEA. (2024). Levelized cost of electricity of stand-alone utility-scale battery storage systems worldwide in 2022, with a forecast for 2030 and 2050 (in U.S. dollars per megawatt-hour). Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1471681/utility-scale-stand-alone-battery-storage-lcoe-forecast/
IEA. "Levelized Cost of Electricity of Stand-alone Utility-scale Battery Storage Systems Worldwide in 2022, with a Forecast for 2030 and 2050 (in U.S. Dollars per Megawatt-hour)." Statista, Statista Inc., 24 Apr 2024, https://www.statista.com/statistics/1471681/utility-scale-stand-alone-battery-storage-lcoe-forecast/
IEA, Levelized cost of electricity of stand-alone utility-scale battery storage systems worldwide in 2022, with a forecast for 2030 and 2050 (in U.S. dollars per megawatt-hour) Statista, https://www.statista.com/statistics/1471681/utility-scale-stand-alone-battery-storage-lcoe-forecast/ (last visited December 04, 2024)
Levelized cost of electricity of stand-alone utility-scale battery storage systems worldwide in 2022, with a forecast for 2030 and 2050 (in U.S. dollars per megawatt-hour) [Graph], IEA, April 24, 2024. [Online]. Available: https://www.statista.com/statistics/1471681/utility-scale-stand-alone-battery-storage-lcoe-forecast/
