PUBLISHER: Wood Mackenzie - Power & Renewables | PRODUCT CODE: 1804832
PUBLISHER: Wood Mackenzie - Power & Renewables | PRODUCT CODE: 1804832
This report analyses the cost of lithium-ion BESS within the European utility-scale energy storage segment, providing a 10-year price forecast by both system and tier one component. The report focuses on lithium iron phosphate (LFP) batteries, reflecting the stationary BESS market's movement away from nickel manganese cobalt (NMC) chemistries. All prices in this report and the data file are in real 2025 euros.