In 2025, the global average price of a turnkey battery energy storage system (BESS) is US$117/kWh, according to the Energy Storage Systems Cost Survey 2025 from BloombergNEF (BNEF), published last week (10 December). That was a 31% decline from 2024 numbers.
Indonesia's plan to develop a 100-gigawatt (GW) solar plus battery energy storage system (BESS) program, with an initial 13GW rollout to replace diesel power plants, represents a significant shift in how the country generates electricity and addresses energy supply challenges.
As of 2024, the price range for residential BESS is typically between R9,500 and R19,000 per kilowatt-hour (kWh). However, the cost per kWh can be more economical for larger installations, benefitting from the economies of scale.
Discover the current state of energy storage investors in North America, learn about buying and selling energy storage projects, and find financing options on PF Nexus.
With a 120MWh capacity using Tesla Megapack systems, this facility has already reduced grid instability incidents by 63% since its February 2025 launch.
This report summarizes over a decade of experience with energy storage deployment and operation into a single high-level resource to aid project team members, including technical staff, in determining leading practices for procuring and deploying BESSs.
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