US-made DC containers to be cost-competitive with China in 2025 thanks to IRA, says CEA
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.
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Source: Energy Storage
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