Falling prices for battery storage systems make decentralized energy solutions increasingly attractive

Falling prices for battery storage systems make decentralized energy solutions increasingly attractive

The energy world is changing rapidly! Thanks to the sharp drop in costs, battery storage systems are now more economical and attractive than ever.
A recent Bloomberg article highlights that battery costs in China have fallen by 51% in the last year, which significantly increases the potential for the use of battery storage systems. These price reductions are the result of lower raw material costs and overcapacity in production.