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PUBLISHER: Wood Mackenzie - Power & Renewables | PRODUCT CODE: 1796161
PUBLISHER: Wood Mackenzie - Power & Renewables | PRODUCT CODE: 1796161
Middle East Energy Storage Pricing Report 2025 - Data
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Report Summary:
This report analyses the cost of utility-scale lithium-ion battery energy storage systems (BESS) within the Middle East utility-scale energy storage segment, providing a 10-year price forecast by both system and component. Lithium iron phosphate (LFP) batteries are the focus of the report, reflecting the stationary BESS market's movement away from nickel manganese cobalt (NMC) chemistries. This is the first edition of our Middle East report, covering specifically Saudi Arabia and the United Arab Emirates.
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