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Schneider Electric finds solar, batteries could cut electricity system costs by up to 40%

By Public Technologies
  • Schneider Electric research projects electricity system costs could fall up to 40% by the 2030s through coordinated solar, battery and electrification deployment.
  • The report modeled 40,500 scenarios; savings depend on falling installation costs for solar and batteries, alongside growth in electricity demand.
  • Those savings could add 0.8% to global GDP by 2030.
  • Mismatched battery durations across asset types could push system costs up to 35% above the current benchmark under world-average cost conditions.
  • Deployment outpacing demand growth, or vice versa, could temporarily raise costs, underscoring the need for coordinated investment incentives.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Schneider Electric SE published the original content used to generate this news brief on November 10, 2026, and is solely responsible for the information contained therein.

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