Storage Lab is a research hub for electrical energy storage. We investigate the future cost of storage and the value it can provide to low-carbon energy systems. Our projects combine academic research with industry expertise to develop meaningful economic and system-relevant insights on electricity storage. Storage Lab is led by Dr Oliver Schmidt.

Cost of electricity storage


Future investment cost


Raw material cost


Levelised cost of storage

Environmental cost.png

Environmental cost

Value of electricity storage


Renewables integration



Energy access


Global deployment


  • Oliver shares insights on gravity-based energy storage systems in Science magazine - 22.04.2021

  • New article confirms that NMC lithium-ion battery pack prices will fall below the 100 US$/kWh threshold in next 3-4 years - 11.10.2020

  • Overview of maps on energy storage projects with information on location, technology, power and energy published - 28.07.2020 (Link)

  • "Storage at 20 USD/MWh? Breaking down the low-cost solar-plus-storage PPAs in the USA" - 25.03.2020 (Apricum) (Energy Storage News)

  • Article published on comparative life cycle assessment of lithium-ion battery systems - 20.02.2020 (Publication) (Accepted manuscript)

  • "What would the worldmap look like if country sizes reflected installed utility-scale battery capacity?" - 19.02.2020 (Worldmap)

  • Article published on quantifying the impact of six policy measures on the investment case for residential storage in the UK - 24.12.2019

  • Bloomberg interviews Oliver on Electric Insights report - 04.12.2019 (press release)

  • New book on 'Technological Learning in Energy System' published, co-authored by Iain and Oliver -  22.11.2019