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REPORT: World Energy Council forecasts 70 percent drop in energy storage costs by 2030


Published Jan 22, 2016
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DNV GL-9

A new report from the World Energy Council with lead authors from DNV GL, forecasts strong growth in global adoption of electrical energy storage, citing dramatic reductions in the cost of electrical energy storage, yet finds that flaws in a common valuation methodology may be hindering growth.

The report, E-Storage: Shifting from Cost to Value, by lead author Paul Gardner of DNV GL, reflects the work of 23 industry and academic experts from across the world who are in the World Energy Council Storage Knowledge Network, with significant contributions to cost analysis by PwC. It was released at the World Future Energy Summit in Abu Dhabi this week.

Tags: DNV GL, World Energy Council



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