Eos Energy Storage (“Eos”), pioneer of the safe, ultra-low cost Znyth battery, today announced forward pricing for the company’s Eos Aurora DC Battery System. The company is taking orders today for volume purchases at a price of $160/kWh for shipment in 2017 and $95 per usable kWh for shipment in 2022.
Eos is the first company to accept orders below $100 per usable kWh for a complete dc battery system including battery modules, battery management system, and outdoor-rated enclosure. Eos’ price-cap guarantee ensures that future purchases will receive the lower of the contracted price or any future price for an equivalent volume purchased the same year. The company is also offering up to 20-year performance guarantees at additional cost to optimize capacity under a wide range of applications and use cases.
“These price points correspond to a levelized cost of energy of approximately $50 to 60/MWh for storage, roughly 30% lower than the lowest projected cost for any competing storage system,” says Jim Hughes, Eos Chairman of the Board. “With these economics, Eos will become the default solution for new peaking capacity and will enable a dispatchable renewable energy product that outcompetes conventional power generation.”