Energy · around 2032
Cheap long-duration grid storage
Projection
Batteries and other stores that hold days of power make solar and wind dispatchable around the clock.
Iron-air, sodium-ion, flow batteries, thermal and compressed-air storage aim at much cheaper energy per kilowatt-hour than lithium-ion. Multi-day storage would let grids run mostly on variable renewables.
Why it’s plausible: Battery pack prices have fallen steeply for decades and several multi-day chemistries are in pilot deployment; it depends on continued manufacturing scale and grid market rules that pay for firm capacity.
What it built on 6
Related measurements
Lithium-ion battery cell price Latest: 78 $/kWh (2024 USD) (2024) Source: Our World in Data
Share of electricity from low-carbon sources Latest: 42.6 % (2025) Source: Our World in Data
Cost of memory and storage Latest: Memory: 1.09k $/TB (2023) Source: Our World in Data