There seemed to be a bit of a price war 9 months to a year ago, then things relaxed for a while but lately prices are continually dropping, first with the 'no names' and then the bigger players having to follow suit in order for them to hang onto their share of the market. Don't know where it will stop? Wouldn't be surprised to see £1/ Ah in a couple of years time.
It's said that the Chinese are borrowing money, over producing and flooding the market, supposedly to corner the world market before hiking prices because they can because they're the sole source. I've no idea if that's fact or a myth or what the little guy be should do but I've gone for it and I'm seriously looking into
solar and a lithium power wall IN our next house, one currently works out at about 3 years payback but if
battery prices fall then so will the in payback time.
The problem with
solar and wind farms is the unpredictably of power, a humongous
battery store to serve the country wouldn't be practical but if every house had it's own large
battery then storage would be far easier, it's probably what we'll see in the future.