Simon Moores on Twitter: "> @BloombergNEF forecasting lithium ion battery prices at under $200 $/kWh by 2020. Large orders are already under $140 today. Cheap batteries for majors are here. #EV @benchmarkmin
![NREL says utility-scale batteries can provide peaking capacity on the grid, if costs keep coming down NREL says utility-scale batteries can provide peaking capacity on the grid, if costs keep coming down](https://3vq5kdns38e1qxlmvvqmrzsi-wpengine.netdna-ssl.com/wp-content/uploads/2019/07/nrel-1.png)
NREL says utility-scale batteries can provide peaking capacity on the grid, if costs keep coming down
![Powering The EV Revolution — Battery Packs Now At $156/kWh, 13% Lower Than 2018, Finds BNEF - CleanTechnica Powering The EV Revolution — Battery Packs Now At $156/kWh, 13% Lower Than 2018, Finds BNEF - CleanTechnica](https://cleantechnica.com/files/2019/12/2019-BNEF-Pricing-Data-TRIM-2.png?width=1200&enable=upscale)
Powering The EV Revolution — Battery Packs Now At $156/kWh, 13% Lower Than 2018, Finds BNEF - CleanTechnica
![Study reveals plunge in lithium-ion battery costs | MIT News | Massachusetts Institute of Technology Study reveals plunge in lithium-ion battery costs | MIT News | Massachusetts Institute of Technology](https://news.mit.edu/sites/default/files/styles/news_article__image_gallery/public/images/202103/MIT-Lithium-IonCost-01-Press_1.jpg?itok=n5wpxM0B)
Study reveals plunge in lithium-ion battery costs | MIT News | Massachusetts Institute of Technology
![Collapsing battery costs point to ever-declining forecasts for oil demand – Asian Chemical Connections Collapsing battery costs point to ever-declining forecasts for oil demand – Asian Chemical Connections](https://cjp-rbi-icis.s3.eu-west-1.amazonaws.com/wp-content/uploads/sites/3/2021/01/05064414/Electric6Jan2020.png)
Collapsing battery costs point to ever-declining forecasts for oil demand – Asian Chemical Connections
![Lithium ion battery cell prices fall to $110/kWh, but raw material risk looms large | Benchmark Mineral Intelligence Lithium ion battery cell prices fall to $110/kWh, but raw material risk looms large | Benchmark Mineral Intelligence](https://i1.wp.com/www.benchmarkminerals.com/wp-content/uploads/Lithium-supply-outlook.png?resize=604%2C254&ssl=1)
Lithium ion battery cell prices fall to $110/kWh, but raw material risk looms large | Benchmark Mineral Intelligence
![Cost of Li-ion Batteries - Cost Trends 2018-2030 - $/kWh with Break Ups - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech Cost of Li-ion Batteries - Cost Trends 2018-2030 - $/kWh with Break Ups - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech](http://www.eai.in/wp-content/uploads/2018/12/Li-ion-Cost.png)