Get the latest news and updates from Dawn
Pakistan’s battery imports went from 1.43 gigawatt-hours in 2024 to 4.59 gigawatt-hours in 2025, amounting to $36 million. The solar boom is now being followed by early green shoots of a battery boom.
Battery prices globally have been consistently declining, from $137 per kWh in 2021 to $105 per kWh in 2026. As demand continues to increase, its price will decline, eventually leading to a further surge in demand for batteries and creating a self-perpetuating loop that we have seen with solar panels and other electronic equipment over the years.
Consumer surplus recipe
There are no subsidies or government incentives; it is just the market clearing itself out, as households buy batteries because they have surplus solar power in the morning, which can be used to charge them for later in the evening. A perfect recipe for consumer surplus, and a disaster for an inefficient grid.
