CATL gains advantage in battery price war amid focus on grid storage

Battery energy storage systems (BESS) are increasingly vital for providing flexibility to power systems as renewable energy costs decline and electricity demand grows. Resources from RMI and GEAPP offer guidance for policymakers, regulators, and utilities on how to adapt planning and procurement frameworks to maintain grid stability and resource adequacy.

In the manufacturing sector, a price war in the battery market is benefiting the Chinese company CATL. The manufacturer’s cost structure has become difficult for competitors to replicate, strengthening its position in the global market.