The unsubsidized levelized cost of storage (LCOS) of utility-scale standalone systems with a generation capacity of 100 megawatts and a storage duration of four hours was estimated between 170 and 296 U.S. dollars per megawatt-hour in 2024. This in-front-of-the-meter energy storage technology accounted for the lowest mean unsubsidized LCOS globally. By comparison, the mean unsubsidized LCOS of behind-the-meter residential systems was over four times larger.
Estimated unsubsidized levelized cost of storage of standalone energy storage systems worldwide in 2024, by technology
(in U.S. dollars per megawatt-hour)
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Lazard. (June 1, 2024). Estimated unsubsidized levelized cost of storage of standalone energy storage systems worldwide in 2024, by technology (in U.S. dollars per megawatt-hour) [Graph]. In Statista. Retrieved January 06, 2025, from https://www.statista.com/statistics/1475371/global-unsubsidized-levelized-cost-of-energy-storage-by-technology/
Lazard. "Estimated unsubsidized levelized cost of storage of standalone energy storage systems worldwide in 2024, by technology (in U.S. dollars per megawatt-hour)." Chart. June 1, 2024. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/1475371/global-unsubsidized-levelized-cost-of-energy-storage-by-technology/
Lazard. (2024). Estimated unsubsidized levelized cost of storage of standalone energy storage systems worldwide in 2024, by technology (in U.S. dollars per megawatt-hour). Statista. Statista Inc.. Accessed: January 06, 2025. https://www.statista.com/statistics/1475371/global-unsubsidized-levelized-cost-of-energy-storage-by-technology/
Lazard. "Estimated Unsubsidized Levelized Cost of Storage of Standalone Energy Storage Systems Worldwide in 2024, by Technology (in U.S. Dollars per Megawatt-hour)." Statista, Statista Inc., 1 Jun 2024, https://www.statista.com/statistics/1475371/global-unsubsidized-levelized-cost-of-energy-storage-by-technology/
Lazard, Estimated unsubsidized levelized cost of storage of standalone energy storage systems worldwide in 2024, by technology (in U.S. dollars per megawatt-hour) Statista, https://www.statista.com/statistics/1475371/global-unsubsidized-levelized-cost-of-energy-storage-by-technology/ (last visited January 06, 2025)
Estimated unsubsidized levelized cost of storage of standalone energy storage systems worldwide in 2024, by technology (in U.S. dollars per megawatt-hour) [Graph], Lazard, June 1, 2024. [Online]. Available: https://www.statista.com/statistics/1475371/global-unsubsidized-levelized-cost-of-energy-storage-by-technology/
