Global remote microgrid energy storage costs by battery type 2016

Published by Statista Research Department, Oct 9, 2023
This statistic shows the installed cost and annual operation and maintenance (O&M) costs of energy storage technologies in remote microgrids, as of the third quarter of 2016, broken down by battery type. At this time, lithium ion batteries used in utility-scale projects had an installation cost of 2,062 U.S. dollars per kilowatt.

Installed cost and annual operation and maintenance costs of energy storage technologies in remote microgrids worldwide as of Q3 2016, by type of battery (in U.S. dollars per kilowatt)

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Release date

2017

Region

Worldwide

Survey time period

as of Q3 2016

Supplementary notes

* Estimate.
O&M: operation and maintenance.

According to the source, "remote power systems typically rely on small diesel generators to support electricity needs. The cost of electricity provided by these systems can be very high in comparison to grid-connected systems"

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