The cost of installed energy storage projects worldwide has declined over the past decade. In 2023, this figure amounted to 273 U.S. dollars per kilowatt-hour usable, down from over 2,511 U.S. dollars per kilowatt-hour usable in 2010.
Cost of installed electricity storage projects worldwide in selected years from 2010 to 2023
(in 2023 U.S. dollars per kilowatt-hour usable)
Characteristic
Cost in 2023 U.S. dollars per kilowatt-hour usable
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IRENA. (September 24, 2024). Cost of installed electricity storage projects worldwide in selected years from 2010 to 2023 (in 2023 U.S. dollars per kilowatt-hour usable) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1496494/installed-energy-storage-project-cost-worldwide/
IRENA. "Cost of installed electricity storage projects worldwide in selected years from 2010 to 2023 (in 2023 U.S. dollars per kilowatt-hour usable)." Chart. September 24, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1496494/installed-energy-storage-project-cost-worldwide/
IRENA. (2024). Cost of installed electricity storage projects worldwide in selected years from 2010 to 2023 (in 2023 U.S. dollars per kilowatt-hour usable). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1496494/installed-energy-storage-project-cost-worldwide/
IRENA. "Cost of Installed Electricity Storage Projects Worldwide in Selected Years from 2010 to 2023 (in 2023 U.S. Dollars per Kilowatt-hour Usable)." Statista, Statista Inc., 24 Sep 2024, https://www.statista.com/statistics/1496494/installed-energy-storage-project-cost-worldwide/
IRENA, Cost of installed electricity storage projects worldwide in selected years from 2010 to 2023 (in 2023 U.S. dollars per kilowatt-hour usable) Statista, https://www.statista.com/statistics/1496494/installed-energy-storage-project-cost-worldwide/ (last visited December 19, 2024)
Cost of installed electricity storage projects worldwide in selected years from 2010 to 2023 (in 2023 U.S. dollars per kilowatt-hour usable) [Graph], IRENA, September 24, 2024. [Online]. Available: https://www.statista.com/statistics/1496494/installed-energy-storage-project-cost-worldwide/
