Levelized cost of electricity of stand-alone utility-scale battery storage systems worldwide in 2022, with a forecast for 2030 and 2050
(in U.S. dollars per megawatt-hour)
Characteristic
LCOE in U.S. dollars per megawatt-hour
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The global levelized cost of electricity for stand-alone utility-scale battery storage facilities is projected to halve by 2050. Their LCOE will likely decrease from *** U.S. dollars per megawatt-hour in 2022 to *** U.S. dollars per megawatt-hour by 2030.
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IEA. (April 24, 2024). Levelized cost of electricity of stand-alone utility-scale battery storage systems worldwide in 2022, with a forecast for 2030 and 2050 (in U.S. dollars per megawatt-hour) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 16, 2026, from /statistics/1471681/utility-scale-stand-alone-battery-storage-lcoe-forecast/
IEA. "Levelized cost of electricity of stand-alone utility-scale battery storage systems worldwide in 2022, with a forecast for 2030 and 2050 (in U.S. dollars per megawatt-hour)." Chart. April 24, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 16, 2026. /statistics/1471681/utility-scale-stand-alone-battery-storage-lcoe-forecast/
IEA. (2024). Levelized cost of electricity of stand-alone utility-scale battery storage systems worldwide in 2022, with a forecast for 2030 and 2050 (in U.S. dollars per megawatt-hour). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 16, 2026. /statistics/1471681/utility-scale-stand-alone-battery-storage-lcoe-forecast/
IEA. "Levelized Cost of Electricity of Stand-alone Utility-scale Battery Storage Systems Worldwide in 2022, with a Forecast for 2030 and 2050 (in U.S. Dollars per Megawatt-hour)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 24 Apr 2024, /statistics/1471681/utility-scale-stand-alone-battery-storage-lcoe-forecast/
IEA, Levelized cost of electricity of stand-alone utility-scale battery storage systems worldwide in 2022, with a forecast for 2030 and 2050 (in U.S. dollars per megawatt-hour) ÌÇÐÄÆƽâ°æ, /statistics/1471681/utility-scale-stand-alone-battery-storage-lcoe-forecast/ (last visited July 16, 2026)
Levelized cost of electricity of stand-alone utility-scale battery storage systems worldwide in 2022, with a forecast for 2030 and 2050 (in U.S. dollars per megawatt-hour) [Graph], IEA, April 24, 2024. [Online]. Available: /statistics/1471681/utility-scale-stand-alone-battery-storage-lcoe-forecast/
