Energy Storage News•about 8 hours ago
BESS prices set to increase in short-term, but technology will ‘continue to move goal posts’ long-term
Key Takeaway
Developers and large power consumers should anticipate short-term BESS price increases impacting project costs, while maintaining a long-term view of continued technological advancement and cost-effectiveness.
AI Summary
- •BESS prices, after a period of steady decline, are projected to increase in the short term.
- •This short-term price reversal will impact project economics for developers and the cost of energy storage solutions for large power consumers.
- •Despite immediate price pressures, the long-term outlook for BESS technology remains positive, with continued advancements expected to improve performance and potentially reduce costs over time.
Topics
storage
Article Content
The price of BESS has fallen steadily in the past few years, but recent events look set to slow or event reverse that trend at least in the short term. Video interviewees at last month's Energy Storage Summit 2026 shared their views on the topic.