Asia Pacific (APAC) grid-scale energy storage pricing 2024 Report

Market Report 20 June 2024

Get this report*

$5,990

You can pay by card or invoice

Share link

First name
Last name
Job Title
Company
Email
Telephone

Country

Message

Consent

Please keep me informed about Wood Mackenzie products, services and events.

Submit Category

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Report summary

This report analyses the cost of lithium-ion battery energy storage systems (BESS) within the APAC grid-scale energy storage segment, providing a 10-year price forecast by both system and tier one component. The report covers major APAC energy storage markets, including China, Australia, South Korea and Japan. Most of these markets are moving towards Lithium Iron Phosphate (LFP) battery chemistry, except South Korea, where use of Nickel Manganese Cobalt (NMC) chemistry will persist in the medium term, given the domestic manufacturing base.