"Lithium-ion battery prices have declined from USD 1,400 per kilowatt-hour in 2010 to less than USD 140 per kilowatt-hour in 2023, one of the fastest cost declines of any energy technology ever, as a result of progress in research and development and economies of scale in manufacturing."

https://www.iea.org/reports/batteries-and-secure-energy-transitions/executive-summary
#Energy #EnergyTransition #Batteries #Grid #Power

Executive summary – Batteries and Secure Energy Transitions – Analysis - IEA

Batteries and Secure Energy Transitions - Analysis and key findings. A report by the International Energy Agency.

^IEA