06 February 2020

BNEF Brief: Battery Pack Prices Fall As Market Ramps Up


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•Feb 6, 2020
Feb.06 -- Battery prices, which were above $1,100 per kilowatt-hour in 2010, have fallen 87% in real terms to $156/kWh in 2019. By 2023, average prices will be close to $100/kWh, according to the latest forecast from BloombergNEF. Bloomberg's Alix Steel talks with BloombergNEF's James Frith on "Bloomberg Commodities Edge".
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