Insight
Lithium’s rebound: impacts on global energy storage system costs
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
This report explains the sharp rebound in lithium prices since mid‑2025 and how the surge is influencing global energy storage system (ESS) costs. It highlights that although lithium prices have more than doubled from their 2025 lows - potentially raising ESS costs by up to 10% in early 2026 - market fundamentals do not support a prolonged rally. Overall, we expect lithium and ESS costs to ease again by 2027 as lithium supply increases.
Table of contents
- Key highlights:
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Perspectives - Metals and Mining - April 2026
A cross-commodity outlook
$1,050
Market Report
Global battery energy storage supply chain trends 2025 report
Supply chain of the global energy storage industry, focusing on China, Europe and the United States
$5,990
Market Report
Middle East utility-scale energy storage pricing report 2025
This report analyses the cost of Middle East utility-scale lithium-ion battery energy storage systems and provides a 10-year forecast.
$5,990
