Featured in More than just a number – 03-2018

Price decline on pause

IHS Markit analysis: The price of lithium-ion battery modules has been falling each year since IHS Markit began tracking this market, with average prices for stationary storage applications falling by nearly 70% between 2012 and 2017. This has been the principal enabler of a strong pick-up in demand for battery storage, writes Sam Wilkinson, IHS Markit’s Associate Director – Solar and Energy Storage.

By

pv magazine

13 Mar 2018

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The price drop in lithium-ion (Li-ion) has meant that it has become the dominant technology in the sector, even in longer duration systems which had previously been viewed as competing on a more level playing field, where more novel battery technologies such as flow batteries could compete. Falling battery costs have also helped to move …

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