Storing energy so it can be used later, when and where it''s most needed, is key to supporting increased renewable energy production, energy efficiency and energy security.
On October 11, 2017, China released its first national-level guiding-policy document covering energy storage. The document, "Guiding Opinions on Promoting Energy Storage Technology
The energy storage market is rapidly establishing itself as a strategic pillar in the evolving global energy landscape. Driven by the need for flexible, reliable, and sustainable power solutions, energy storage is enabling the transition
China''s industrial and commercial energy storage is poised for robust growth after showing great market potential in 2023, yet critical challenges remain.
Energy storage reduces energy waste, improves grid efficiency, limits costly energy imports, prevents and minimizes power outages, and allows the grid to use more affordable clean energy resources—all of which reduce
Energy storage has the potential to abate up to 17 Gt of CO2 emissions across sectors by 2050, primarily by supporting renewable power and the electrification of transport. Innovations in battery storage have reduced
This report, supported by the U.S. Department of Energy''s Energy Storage Grand Challenge, summarizes current status and market projections for the global deployment of selected energy
By type, the market is segmented into batteries, pumped-storage hydroelectricity (PSH), thermal energy storage (TES), flywheel energy storage (FES), and others.
We need additional capacity to store the energy generated from wind and solar power for periods when there is less wind and sun. Batteries are at the core of the recent growth in energy storage and
EPRI''s Energy Storage Integration Council is an open, technical collaboration of industry stakeholders that creates publicly available resources to support energy storage deployment.
NREL''s multidisciplinary research, development, demonstration, and deployment drives technological innovation and commercialization of integrated energy conversion and storage solutions.
Thanks to the energy storage industry supporting renewable integration, this future is closer than you think. From Tesla''s gigafactories to backyard home battery systems, energy storage has
This whitepaper reflects on available opportunities across the battery energy storage industry focusing on the market development in the United States and Canada. Highlighting throughout
Breakthroughs in battery technology are transforming the global energy landscape, fueling the transition to clean energy and reshaping industries from transportation to utilities. With demand for energy storage
Discover the rapid growth and key trends in the multi-billion-dollar energy storage industry, projected to reach $134B by 2031, driven by renewable energy advancements and
Industrial TES can provide a wide array of benefits, such as catalysing an increase in the proportion of renewable energy supply, facilitating surplus heat recovery, and decoupling
A large-scale battery storage project in Germany. Image: Smart Power. The backing of new Electricity Market Design proposals by the European Parliament is welcome,
Renewable penetration and state policies supporting energy storage growth Grid-scale storage continues to dominate the US market, with ERCOT and CAISO making up nearly half of all grid-scale
Energy storage has been critical in supporting American industrial and technological might, from metals manufacturing to new data centers. In West Virginia, energy storage is helping to
The White Paper "Industrial Thermal Energy Storage – Supporting the transition to decarbonise industry" has been produced by the European Energy Research Alliance''s Joint Programme on Energy
This article will deeply analyze the core direction of the future development of the energy storage industry, explore how to solve the industry''s pain points, and reshape the
The industry''s $100 billion commitment to support domestic energy storage production "demonstrate [s] what success can look like," ACP CEO Jason Grumet said in the
As energy demand continues to rise in emerging markets, energy storage will play a key role in ensuring grid stability while supporting sustainable growth. With appropriate
Conducted by Endeavor Business Intelligence on behalf of ZincFive, this report presents insights from 132 global industry professionals, examining current usage trends, key
Launch of the European Energy Research Alliance Joint Programme for Energy Efficiency in Industrial Processes white paper on "Industrial Thermal Energy Storage –
This energy storage report serves as a reference for stakeholders within the industry, investors, policymakers, and economic analysts, providing a snapshot of the industry''s health to map its trajectory
This report is essential for stakeholders who want to understand the evolving dynamics of the energy storage sector and identify opportunities for investment and development. Download the report to stay informed about
The 14th Five-year Plan is an important new window for the development of the energy storage industry, in which energy storage will become a key supporting technology for renewable energy and China''s
NREL''s multidisciplinary research, development, demonstration, and deployment drives technological innovation and commercialization of integrated energy
The scene is set for significant energy storage installation growth and technological advancements in 2025. Outlook and analysis of emerging markets, cost and supply chain risk, storage demand growth
Energy storage is a fundamental part of a cleaner, more intelligent and distributed energy infrastructure supporting and accelerating the transition towards 100% renewables
The Energy Storage Market Report 2025 highlights key trends, workforce developments, investment flows, and other factors shaping the future of the market. Backed by influential investors and a growing
Industry Growth: The energy storage industry includes over 13900 companies, growing by 3.56% last year, reflecting its expanding market presence and potential. Manpower & Employment Growth: The industry employs 1.7 million people globally, with 114000 new employees added last year, indicating substantial workforce expansion.
For more information about home energy storage and commercial and industrial energy storage, please contact GSL Energy. In 2025, the commercial and industrial energy storage industry is set for substantial growth, fueled by global policy support, cost optimization, and renewable energy adoption.
1. System capacity expansion: industrial and commercial energy storage demand is growing from dozens of kWh to MWh level, large-scale business parks, grid-side energy storage projects, and containerized energy storage systems have become an important solution for the market.
In 2025, the commercial and industrial energy storage industry will see even larger-scale development driven by policy guidance, market demand growth, technological innovation, and business model upgrading.
Governments must implement supportive policies, provide grants, and create incentives to accelerate the adoption of energy storage technologies. The Energy Storage Industry Report 2024 uses data from the Discovery Platform and encapsulates the key metrics that underline the sector’s dynamic growth and innovation.
This report, supported by the U.S. Department of Energy’s Energy Storage Grand Challenge, summarizes current status and market projections for the global deployment of selected energy storage technologies in the transportation and stationary markets.
