Key factors that affect energy storage prices to start in 2025

This week, Anza published his investigation report for quarterly energy storage prices to offer an overview of the median list price trends for battery energy storage systems based on the latest data on the ATA platform. Anza focuses on two primary project archetypes: a 40 MW project (distributed generation) and a 200 MW project in the utility in the utility in the utility in the utility in the utility in the utility in the utility in the utility in the utility in the utility in the utility in the utility in the utility, which was founded in a large extent in the event of a 4-hour duration.

Note that …

• All presented figures are delivered prices for paid DDP (DDP), including the US tariffs and the sending of US section 301.
• The numbers include data by January 31, 2025 and therefore does not currently include the 10% Chinese tariff, which came into force on February 4, 2025. We actively collect details from manufacturers about how the pricing will change. If you work with Anza, you will receive more market visibility in times of uncertainty.
• AC systems include the battery block, the Power Conversion System (PCS) and the energy management system (EMS).
• DC systems only include the battery block.

Price factors for battery storage to Anza

Lithium carbonate index prices are leveling | “After a steady increase from August to mid -November 2024, the Lithium Carbonate Index (LCO) index (CNY/MT) slightly broadcast in this quarter and entered February 77,500. While the prices for energy storage systems are still subject to macro fluctuations, this minor stabilization in lithium carbonate price design has contributed to the fact that strong cost fluctuations in the pricing of the battery cells contain. ”

More suppliers, more price pressure “We see more manufacturers in the warehouse market than ever before. This increase in competition leads to a higher price pressure as a whole and helps to lower list prices from previous quarters-especially in the segment of the DG standard. ”

Customs are a main focus | “Customs problems continue to shape price strategies. While the pricing decreased slightly from August 2024 to January 31, 2025, the introduction of Trump's 10% universal tariff for Chinese imports is expected to significantly influence, whereby the suppliers adapt their quotes or deal structures accordingly. In addition, the preliminary confirmation of ITC on January 31, 2025 that Chinese active anode material will probably damage the US industry, the tariff landscape further complexity. ”

Rising of commercial AC and DC-integrated OEM “Wraps” | There was a remarkable increase in AC-integrated or “all-in-one” systems offered by system integrators and battery-oems. This trend and the development of DC-integrated OEM wraps contribute to the price variability and occasional margin compression in integration services.

DG vs. Utility Scale Trend | “The continued expansion of the supplier options and volume discounts for larger projects for larger projects for projects in the utility. At the same time, an increased competition between smaller project suppliers closes the gap between the prices for the supply scale. ”

Conclusion | “The data provided in our Q1 report offer an important benchmark if we achieve a turning point in the price dynamics of energy storage. At the macro level we are still in an overcapacity world in the entire battery value chain. While most memory suppliers have raised their pricing in the past few weeks (as reflected in our data by the end of January 2025), this will certainly change. The China-wide tariffs that came into force in early February, together with the positive determination of the damage by the US ITC damage caused by Chinese imports of anodel materials on January 31, made the establishment of a fixed energy storage system a high challenge in the early days of February, since the suppliers adapt to the new market developments. “”

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