This report analyses the cost of utility-scale lithium-ion battery energy storage systems (BESS) within the Middle East utility-scale energy storage segment, providing a 10-year price forecast by both system and component. Designed to tackle the region's infamous “sun-soaked but storage-starved” energy paradox, this initiative is rewriting the rules of renewable integration. Lithium-ion batteries dominate due to their efficiency and cost-effectiveness, though alternatives such. . The Middle East and Africa battery energy storage system (BESS) market is on a steep growth trajectory. 03 billion in 2024, the market is projected to reach USD 10. 1 Large-scale new energy projects promote the rapid growth of energy storage in the Middle East The rapid development of new energy projects and the weak power grid have driven the rapid growth of energy storage installations.
