CONTACT

Wednesday, June 17, 2020

Time

09:00 am - 10:30 am

Hall

ICM München,

Room

Room 13A

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Competitiveness - Exploring the Falling Costs of Energy Storage

09:00 am
10:30 am

Exploring the Falling Costs of Energy Storage

Summary

While there is growing demand for services that energy storage can provide, in many cases the existence of alternative, non-storage solutions creates a competitive situation typically decided by the cheapest viable option. Costs have fallen drastically in recent years, particularly where battery storage is concerned - but what can we expect for the future in terms of raw material prices, new technologies, and economies of scale from the growth of e-mobility? This session will examine the cost drivers of energy storage, key influencing trends and options for proactive cost-reduction strategies.