US-made DC containers to be cost-competitive with China in 2025 thanks to IRA, says CEA

The IRA and its upstream incentives have led to a boom in manufacturing investments across clean energy including lithium-ion batteries and energy storage.

US-made battery energy storage system (BESS) DC container solutions will become cost-competitive with those from China in 2025 thanks to incentives under the Inflation Reduction Act (IRA), Clean Energy Associates said.

The solar and storage technical advisory firm revealed the forecast in its new quarterly BESS Price Forecasting Report for Q3 2023.

A DC BESS container fully manufactured in the US sits at an average price of US$256/kWh in 2023 for a 2024/25 delivery, while one manufactured in China for US delivery in 2025 sits at US$218/kWh, Clean Energy Associates (CEA) said. The latter includes a 10.89% Section 301 tariff for select Chinese goods.

Click here to read the full article
Source: Energy Storage

If you have any questions or thoughts about the topic, feel free to contact us here or leave a comment below.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *