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Price of selected battery metals and lithium-ion battery packs, 2015-2025 - Chart and data by the International Energy Agency. Energy storage system costs for four-hour duration systems exceed $300/kWh for the first time since 2017. Over the last few decades, scientists have dramatically improved lithium-ion batteries in terms. . TL;DR: Wholesale lithium-ion pack prices averaged about $0. 115/Wh globally in 2024 (down ~20% YoY), but finished consumer systems (portable power stations) retail much higher due to inverters, BMS, certifications, and margins. 1% to $X, falling for the third year in a row after two years of growth. Need help? . IEA analysis based on data from Bloomberg and Bloomberg New Energy Finance Lithium-Ion Price Survey (2024). Note: historical prices have been updated to reflect real 2024 dollars.
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