Lazard’s fourth Levelized Cost of Storage (LCOS 4.0) is now available
KEY findings include:
Significant declines across most - but not all - use cases and technologies, but at a decelerating rate for Li-ion compared to previous years
Estimated storage project returns have improved in both the US and overseas (Europe and Australia), reflecting declining costs more than rising revenues across most use cases and geographies
Solar PV + Storage systems are most attractive for commercial (BTM) applications, while the economics of residential use cases remains challenged
Enovation has served as Lazard’s partner since the launch of the LCOS survey in 2014, supporing the development of the LCOS methodology, simulating storage project economics, and conducting the cost survey.
To learn more about our expertise in the energy storage technology and market dynamics please contact us.
To learn more about our expertise in energy storage project assessment please see our analytics group, Enovation Analytics.