Clean Energy Associates (CEA) has released two new reports providing an updated look at energy storage pricing, supply chain risks, technology trends, and policy shifts shaping the global market. Despite an increase in battery metal costs, global average prices for battery storage systems continued to tumble in 2025. Factors driving the decline include cell manufacturing overcapacity, economies of scale, low metal and component prices, adoption of lower-cost lithium-iron-phosphate (LFP). This report analyses the supply chain of the global energy storage industry, focusing on China, Europe and the United States. 84% of the energy storage market share in 2025, while hydrogen-based storage is poised for a 38.