Greener released this week a new strategic study with perspectives of growth for the energy storage in 2025. According to the survey, around R$22,5 billion should be invested by 2030 in the Brazilian battery market with consumers.
The outlook is due to the result presented last year, in which the demand for BESS (Battery Energy Storage System) equipment grew by 89% compared to 2023.
One of the reasons highlighted by Greener that helps to understand this growth is the reduction in the price of technology: batteries registered a 20% drop in FOB price in 2024 compared to 2023, with the decrease in the value of the cell being the main factor.
By 2025, the price is expected to fall by another 22% and reach the range of US$ 90,00/kWh. By 2030, the price is expected to continue falling and reach US$ 64,00/kWh.
“Battery prices are also expected to continue to fall as a result of economies of scale, expansion of supply chain capacity and improvements in production processes,” Greener reports.
Furthermore, the research and consulting company assesses that the constant interruptions in the supply of electricity in several regions of the country mean that battery reliability is also one of the main motivators in the consumer's view for installing these systems.
According to the company, in addition to residential consumers, power outages are a problem that affected 70% of Brazilian companies in 2024.
The greatest impact was felt in industry, where the shutdown of production resulted in losses of raw materials, products and working hours. The data shows that 96% of industries use electricity in the production process.
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Answers of 2
Dear friends, the research on batteries is amazing. Moving from electric vehicles, whose prices still represent a very large percentage, to this context of technical disputes, especially the reversal of flow, storage is gaining a leading role. Dealers and energy sellers should be careful. We pay for one of the most expensive kWh in the world. The reasons are many and we cannot comment on them here and now!
This trend is highly positive for us as we prepare to dive deep into this market opportunity.