PUBLISHER: Wood Mackenzie - Power & Renewables | PRODUCT CODE: 1622825
PUBLISHER: Wood Mackenzie - Power & Renewables | PRODUCT CODE: 1622825
This report analyzes the cost of lithium-ion battery energy storage systems (BESS) within the US utility-scale energy storage segment, providing a 10-year price forecast by both system and component. Lithium iron phosphate (LFP) batteries are the focus of the report, reflecting the stationary BESS market's movement away from nickel manganese cobalt (NMC) chemistries. The pricing outlook for NMC811 BESS is provided as a reference within this report.