Li-ion Battery Prices Could Drop to $108/kWh in 2050: NREL

Lithium-ion cabinets built with LFP cells account for the largest share of the cost

September 22, 2025

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights

The cost of four-hour lithium-ion (Li-ion) battery systems could decline from $334/kWh in 2024 to as low as $108/kWh or remain as high as $307/kWh by 2050, according to the National Renewable Energy Laboratory (NREL).

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

Already have an account? Sign In

Arjun Joshi

Get the most relevant India solar and clean energy news.

Li-ion Battery Prices Could Drop to $108/kWh in 2050: NREL

MERCOM Insider

Get the most relevant India solar and clean energy news.

RECENT POSTS