Battery Energy Storage Installation Costs: Breaking Down the $450/kWh Barrier

You know how everyone's talking about renewable energy adoption? Well, here's the thing: battery storage installation costs aren't dropping fast enough to meet global decarbonization targets. While solar panel prices fell 89% since 2010, energy storage costs only decreased by 45% in the same period. This cost gap's creating a sort of clean energy paradox – we can generate renewable power, but can't afford to store it effectively. [2024-11-12 22:03]