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Bloomberg NEF (BNEF)
. . . published its annual long-term analysis of the future of the global electricity system.

BNEF predicts that lithium-ion battery prices, already down by nearly
. . . 80% per megawatt-hour since 2010, will continue to tumble as,
. . . electric vehicle manufacturing builds up through the 2020s.

“We see $548 billion being invested in battery capacity by 2050,
. . . 2/3ds of that at the grid level, and
. . . 1/3rd installed behind-the-meter,
. . . by households and businesses.”

NEO 2018 sees $11.5 trillion being invested globally in
. . . new power generation capacity between 2018 and 2050.

The levelized cost of electricity (LCOE,)
. . . from new PV plants is forecast to fall a further
. . . 71% by 2050.

NEO 2018 sees coal burn in power stations falling
. . . 56% between 2017 and 2050, while that for gas rises
. . . 14%.

6-19-2018 Source:  Falling #Battery Costs