L R AS Published on Monday 25 May 2020 - n° 323 - Categories:storage, storage area

The overall cost of storage projects does not correspond to the sum of costs

Prisma Energy Solutions was created because the overall cost of storage projects did not add up. The costs were unnecessarily high

because they relied on a combination of expensive batteries, integration and financing. The company developed storage solutions at a lower price and with less risk. In working with the technology, the company selected high quality, low cost batteries and sought more efficient financing.

According to Wood Mackenzie, the price of non-residential storage systems fell by 15% between 2014 and 2019. He predicts that these price declines will accelerate over the next five years,

The company offers a five-year lease and a guaranteed savings programme under which Prisma designs, installs, owns and operates a storage system for at least five years.

https://www.greentechmedia.com/articles/read/why-innovation-is-key-to-accelerating-battery-storage-growth

GreenTech Media of 21 May

Editor's note The fall in the cost of storage (-15% between 2014 and 2019) is clearly small compared to what is known about the price per kilowatt-hour stored. BloombergNEF has indicated that the cost of storage per battery has been halved in the last two years (BloombergNEF notes dramatic gains insolar and storage from May 2, 2020)

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