“Falling battery costs, increasing renewables on the grid and a focus on resilience and reliability will continue to drive growth in the energy storage sector in 2020. Storage has had a good year, experts say: multiple states have made storage deployment a priority, utilities began rolling out pilot programs and battery prices continued to plunge. The average cost of battery packs dipped to $156/kWh in 2019 — 87% lower than 2010 prices — and are predicted to drop to $100/kWh by 2023. ”
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