VFBATTERY REPORT
Industry

Key Trends

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Battery Report 2021, page 14: Key Trends

Directory profiles · Battery Business Directory

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Sources and links on page 14 (1)

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  1. https://www.lazard.com/media/451882/lazards-levelized-cost-of-storage-version-70-vf.pdf
Text on page 14

Larger applications (wholesale, grid-connected, scaled to large energy capacities) will continue to provide the lowest LCOS. Smaller applications (standalone or residential with lower storage capacities) have the highest LCOS.

LCOS also varies depending on energy storage technology, but for simplification, this study only looks at LFP, NMC, and Flow technologies. 14

Industry Source: Lazard’s Levelized Cost of Storage 2021

Extracted from the PDF; charts and images may read imperfectly.

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2021 report authors (13)

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