Batteries: Costs
Commons · Question 121667 · Tabled 17 Mar 2026 · Department for Business and Trade · Official record
Answered 23 Mar 2026
Question
Asked by Joe Robertson
To ask the Secretary of State for Business and Trade, what estimate his Department has made of current battery costs per kWh; and what assumptions underpin projections for future cost reductions.
Answer
Answered by Chris McDonald, 23 Mar 2026
My Department does not publish an official estimate and for benchmarking we reference internationally trusted, independent sources.Battery technology is becoming increasingly important for our national resilience. Global demand for batteries is surging, t...