电池储能有多便宜？（英）-2025.pdfVIP

Howcheapisbattery

storage?

EmberprovidesthelatestcapexandLevelisedCostofStorage(LCOS)for

large,long-durationutility-scaleBatteryEnergyStorageSystems(BESS)

acrossglobalmarketsoutsideChinaandtheUS,basedonrecent

auctionresultsandexpertinterviews.

Publisheddate:11December2025

Leadauthor:KostantsaRangelova

About

Thisreportprovidesthelatest,real-worldevidenceonthecostoflarge,long-duration

utility-scaleBatteryEnergyStorageSystem(BESS)projects.Drawingonrecentauction

resultsfromSaudiArabia,IndiaandItaly,alongwithin-depthinterviewswithproject

developers,suppliersandanalystsacrossglobalmarkets,itcapturesthemost

up-to-datepictureofbatterycapexandtheLevelisedCostofStorage(LCOS)asof

October2025.TheanalysisfocusesonmarketsoutsideChinaandtheUnitedStates,

wherecompetitiveprocurementofChinese-manufacturedequipmentisreshaping

globalstorageeconomics.

Summary

Ember’sassessmentofstoragecostsasofOctober2025,basedonrecent

auctionsinItaly,SaudiArabiaandIndiaandonexpertinterviews,shows:

●All-inBESSprojectcapexof$125/kWh.AcrossglobalmarketsoutsideChina

andtheUnitedStates,thetotalcapextobuildalong-duration(4hoursor

more)utility-scaleBESSprojectisaround$125/kWh,ofwhicharound$75/kWh

isforthecoreequipmentshippedfromChinaandaround$50/kWhtoinstall

andconnectthebattery.

●Alevelisedcostofstorage(LCOS)of$65/MWh.Anall-incapexof$125/KWh

leadstoacostof$65/MWhtomoveelectricity,basedonthelatestreal-world

projectparameters.ThislowLCOSisnotonlytheresultofcheaperbatteries—

longerlifetimes,higherefficienciesandlowerfinancingcoststhankstoclearer

revenuemodelslikeauction