The Battery Decade: How Energy Storage Could Revolutionize Industries in the Next 10 Years

Industry News · 2021-06-21

Over the last decade a surge in lithium-ion battery production has led to an 85% decline in prices, making electric mobility and stationary storage economically transformative across industries.

From grid-scale renewable firming to residential solar, telecom backup and industrial UPS, falling costs unlock use cases that were never viable before. The next ten years will see storage move from optional to foundational in energy infrastructure.

For battery buyers and EPCs, the implication is clear: now is the time to standardize on certified, scalable storage building blocks — and to partner with suppliers who can deliver volume, quality and compliance consistently.

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