Batteries are often considered as the holy grail in the energy transition. We need them in electric vehicles and we’ll need them to store electricity from wind and sun. A recent report from Bloomberg New Energy Finance, a research organization, shows that the cost of lithium-ion batteries is decreasing quickly. We are not yet at cost levels that batteries will pop up everywhere, but we are heading in the right direction.

EN – Greentech Media: “Levelized cost of energy for lithium-ion batteries is plummeting.”

NL – Duurzaam Bedrijfsleven: “Prijs opslagbatterijen 35% goedkoper dan in 2018.

Bloomberg NEF @ Twitter

Battery cost is plummeting