Energy Storage 101 This content is intended to provide an introductory overview to the industry drivers of energy storage, energy storage technologies, economics, and integration and deployment
This report comes to you at the turning of the tide for energy storage: after two years of rising prices and supply chain disruptions, the energy storage industry is starting to see price declines and much-anticipated supply
The global energy storage market is poised to hit new heights yet again in 2025. Despite policy changes and uncertainty in the world''s two largest markets, the US and China,
Power electronics-based energy storage technologies are increasingly gaining relevance due to their key role facilitating the accessibility of renewable energy sources, improving grid stability and
The case for long-duration energy storage remains unclear despite a flurry of new project announcements across the US and China. Global energy storage''s record additions in 2023 will be followed by a 27%
Without significant investment in long-duration energy storage, much of the renewable energy generated—especially from solar and wind—will continue to be wasted due to grid constraints and
The Two-Speed Energy Transition Moore made the point that a two-speed energy transition is emerging. "Mature sectors like power grids, energy storage, renewable
The Energy Storage Market Report 2025 presents a detailed overview of firmographic trends, innovation intensity, and funding activity of the global energy storage sector.
This report comes to you at the turning of the tide for energy storage: after two years of rising prices and supply chain disruptions, the energy storage industry is starting to see price
This year''s edition provides an expanded analysis on the sources of investment and sources of finance in the energy sector, including new insights on the role of development finance
Along with investment in the low-carbon energy transition, BNEF''s report also tracks investment in the clean energy supply chain, including the equipment factories and
Energy Transition Investment Trends is BloombergNEF''s annual review of global investment in the low-carbon energy transition. It covers a wide scope of sectors central to the transition, including renewable energy, energy
With the rise of solar and wind capacity in the United States, the demand for battery storage continues to increase. The Inflation Reduction Act (IRA) has also accelerated the development of energy
This report focuses on renewables, efficiency, natural gas, distributed power and storage, and sustainable transportation. It also fills important data gaps in certain areas, such as clean
Lithium iron phosphate battery storage is an example to analyse the trend of the series of indicators. Lithium batteries require high operating temperatures, and the optimal operating temperature helps
This section includes an overview of the stationary energy storage value chain, lists components in energy storage systems, and describes applications of energy storage in the context of
KPMG China and the Electric Transportation & Energy Storage Association of the China Electricity Council (''CEC'') released the New Energy Storage Technologies Empower Energy
Global energy investment is set to exceed USD 3 trillion for the first time in 2024, with USD 2 trillion going to clean energy technologies and infrastructure. Investment in clean energy has accelerated since 2020,
Discover the Top 10 Energy Storage Trends plus 20 out of 3400+ startups in the field and learn how they impact your business.
With the proposal of the "carbon peak and neutrality" target, various new energy storage technologies are emerging. The development of energy storage in China is
A turning point for energy investment? This new World Energy Investment 2023 (WEI 2023) report is the eighth in our annual series where we provide the global benchmark for tracking capital
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 technological innovations.
Stationary storage additions should reach another record, at 57 gigawatts (136 gigawatt-hours) in 2024, up 40% relative to 2023 in gigawatt terms. We expect stationary
As we navigate this new energy storage trend analysis chart landscape, remember: The future of energy storage isn''t just about technology – it''s about reimagining how we power our lives.
Explore the latest energy storage investment trends shaping the future of energy. Discover key technologies, regional focuses, and corporate strategies driving success.
Stationary storage additions should reach another record, at 57 gigawatts (136 gigawatt-hours) in 2024, up 40% relative to 2023 in gigawatt terms. We expect stationary storage project durations to grow as
China''s industrial and commercial energy storage is poised for robust growth after showing great market potential in 2023, yet critical challenges remain.
This trend report provides an in-depth analysis of the ten most critical energy storage trends, from hydrogen and battery storage systems to innovative solid-state and long-duration solutions, as well as the emergence of smart
The energy storage industry recorded an annual growth rate of 5.69% with sustained market momentum of innovation, global demand, and clean energy policies. The market is valued at USD 288.97 billion in 2025 and is projected to reach USD 569.39 billion by 2034 with a 7.87% compound annual growth rate (CAGR) for 2025–2034.
In emerging markets around the world, there is only limited experience with energy storage, yet vast potentials exist to benefit from the technology. Many of these markets share similar energy market dynamics and needs for new resources.
Mainland China accounts for most of the global energy storage demand, driven in the near term by regional requirements for new utility-scale wind and solar projects to include energy storage capacity. However, the Chinese market is entering an era of change.
Globally, energy storage project development is increasingly driven by the utility-scale segment, with mandates and targeted auctions driving gigawatt-hour projects in markets like China, Saudi Arabia, South Africa, Australia and Chile.
Additionally, in many of these areas the industry is likely to adopt a more distributed approach to grid development, using more local power generation and microgrid systems. We expect that the largest energy storage market in the East Asia & Pacific region will be China.
Energy storage technologies hold significant potential to help drive development in emerging economies by improving the quality of the electricity supply and facilitating the effective integration of renewable energy.
