The cost of batteries had been coming down sharply over the last few years but recently this trend has reversed. Several factors have been at play, including more complex and costlier logistics and sky-high mineral prices. For example, at the time of writing, cobalt was up by 119%, nickel by 55% and lithium carbonate by 569%!

Despite upward pressure on costs, batteries remain essential to decarbonizing power generation and fighting climate change. As more variable renewables are deployed, the more the grid needs storage to balance demand and supply and to keep the lights on.

Join this webinar to find out how upward pressure on costs could affect battery prices and the development of utility scale battery systems.

• Get the access to reliable battery price forecasts for the next two years to figure out when the prices will start to drop
• Hear industry insiders provide exclusive analysis on battery cost trends and the reason behind higher costs so you can adjust your business plans to this reality
• Find out how the high costs of batteries is starting to become a problem for forward planning and the decarbonization of both the electric vehicle (EV) industry and the power generation sector
• Consider how we can mitigate the high costs of batteries considering innovative technologies to optimize performance of the system