Electricity Storage and Renewables: Costs and Markets to 2030

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Source:
International Renewable Energy Agency.
Authors:
Pablo Ralon
Michael Taylor
Andrei Ilas
Harald Diaz-Bone
Kai-Philipp Kairies

This report was designed to be a comprehensive overview of the costs and performance of electricity storage systems, with a focus on battery electricity storage, to 2030 for stationary applications. It provides overviews of the (1) current state of BES deployment and use in various applications, (2) currently available ESS and their suitability in various applications, (3) current costs and performance of ESS in stationary applications, (4) future cost reduction and performance improvements for ESS to 2030, and (5) an outlook for growth in ESS technologies to 2030.