Feb 7th, 2020

BNEF Brief: Battery Pack Prices Fall As Market Ramps Up

Battery prices, which were above $1,100 per kilowatt-hour in 2010, have fallen 87% in real terms to $156/kWh in 2019. By 2023, average prices will be close to $100/kWh, according to the latest forecast from BloombergNEF. Bloomberg's Alix Steel talks with BloombergNEF's James Frith on "Bloomberg Commodities Edge". (Source: Bloomberg_TV)