The energy storage industry''s trajectory in recent years has been nothing short of remarkable, driven by increased customer recognition of these assets'' critical roles in grid services, electricity reliability needs,
Energy storage installations around the world are projected to reach a cumulative 411GW by the end of 2030 - 15 times the 27GW of storage that was online at the end of 2021, according to the latest forecast from
As we approach 2025, the renewable energy sector is set to undergo transformative changes driven by advancements in technology, policy, and a growing demand for cleaner power. This article explores the
In our latest Short-Term Energy Outlook, we forecast U.S. working natural gas inventories will reach 3,872 billion cubic feet (Bcf) by the end of October, or 2% more than the previous five-year average for that time of year.
The global energy storage fleet continues to grow in leaps and bounds on the back of the growing demand for clean firm capacity and rapidly falling battery storage prices.
As the new year approaches and the book on an eventful year in the energy world closes, 2025 looks set to bring more volatility, geopolitical tension and policy evolutions. Elections in almost all major
Breakdown of energy storage projects deployed globally by sector 2023-2024 Distribution of annual energy storage projects deployed worldwide in 2023, with a forecast for
Energy storage is essential for integrating renewable energy, ensuring grid stability, enhancing reliability, and supporting the transition to sustainable, low-carbon energy
Experts predict what 2025 holds for U.S. energy policy: EV battery costs fall, energy storage demand surges, carbon removal hits scale, permitting reform in D.C.
The U.S. energy storage sector achieved unprecedented growth in the first quarter of 2025, signaling strong momentum despite looming policy challenges. According to the latest U.S.
Energy storage capacity additions will have another record year in 2023 as policy and market fundamentals continue to propel the industry Data compiled March 2023. Source: S&P Global
The Energy Storage Grand Challenge is a comprehensive program to accelerate the development, commercialization, and utilization of next-generation energy storage technologies and sustain American global
More ambitious policies in the US and Europe drive a 13% increase in forecast capacity versus previous estimates New York, October 12, 2022 – Energy storage installations around the world are projected to
Mainland China''s energy storage market took off in 2022, driven by policy mandates and large-scale tenders Data compiled February 2023. Source: S&P Global Commodity Insights.
Although our storage forecast is higher than it was in April, we still expect natural gas inventories to fall closer to the five-year average in the coming months, putting upward pressure on prices.
We forecast that electricity sales to the commercial sector will rise 3.0% in 2025 and a further 4.5% in 2026, bringing total sales of electricity in the commercial sector to 1,540 billion kilowatt
Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from
The latest U.S. Energy Storage Monitor report was released this week by the American Clean Power Association (ACP) and research partner Wood Mackenzie. The
It will be another record year for energy storage installations globally, but the two largest markets – China and US – may face challenges next year due to targets already being met in one and
In this multiyear study, analysts leveraged NREL energy storage projects, data, and tools to explore the role and impact of relevant and emerging energy storage technologies in the U.S. power sector
The US is on track to see over 25% growth in annual clean energy installations this year, according to BloombergNEF''s 2H 2024 US Clean Energy Market Outlook. BNEF expects the US to hit an all-time high
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
The latest U.S. Energy Storage Monitor report was released this week by the American Clean Power Association (ACP) and research partner Wood Mackenzie. The previous year was itself a record in battery
Subscribe to Newsletter Energy-Storage.news meets the Long Duration Energy Storage Council Editor Andy Colthorpe speaks with Long Duration Energy Storage Council director of markets and technology Gabriel
China''s energy-storage sector is set for a challenging year with reduced capital spending, price competition, and a need to explore non-US markets.
A separate blog, set to be published next week on the GLJ website, will explore the lithium price forecast in greater depth, offering a detailed analysis and strategic implications for the energy sector.
What is next for energy stocks? Limited supply and healthy demand for energy have supported a positive potential outlook for energy stocks
To work in clean energy and climate is to live in a constant state of cognitive dissonance, stuck between good news and bad. On the good side, every year brings
Although the growth rate of installed capacity slowed down to 100% in 2023 compared to the previous year, specific analysis reveals that large-sized energy storage continues to dominate the energy storage
The COP29 commitment to increase global energy storage capacity six times above 2022 levels, reaching 1,500 gigawatts by 2030, will require governments to further incentivise and regulate the energy storage
The global energy storage sector is on track for another record year in 2025 as utility-scale projects expand into new regions. BloombergNEF (BNEF) forecasts that
Global installed energy storage is on a steep upward trajectory. From just under 0.5 terawatts (TW) in 2024, total capacity is expected to rise ninefold to over 4 TW by 2040, driven by battery energy storage systems (BESS). Last year saw a record-breaking 200 gigawatt-hours (GWh) of new BESS projects coming online, a growth rate of 80%.
The global energy storage fleet continues to grow in leaps and bounds on the back of the growing demand for clean firm capacity and rapidly falling battery storage prices. However, analysts suggest that the industry is only in the starting blocks, with exponential growth to be expected in the years to come.
Developing energy storage has become a global consensus. It was announced at COP29 in late 2024 that global storage capacity will increase to 1,500 GW by 2030, more than six times the 2022 level. As a result, InfoLink maintains a cautiously optimistic outlook for the medium- to long-term development of energy storage systems.
This trend may highlight that the cost decline over the past few years has driven energy storage into an era of accelerated diversification in the global market. The European energy storage market added 19.1 GWh of installed capacity in 2024, up 12.4% YoY, with drastic changes in the ESS landscape throughout the year.
To capitalize on this trend, manufacturers should focus on market insights and plan for new opportunities. Developing energy storage has become a global consensus. It was announced at COP29 in late 2024 that global storage capacity will increase to 1,500 GW by 2030, more than six times the 2022 level.
China remains the global leader in terms of energy storage deployment, due to its booming solar market, with an average of 42 GW/120 GWh annual capacity additions forecasted in the next 10 years. To continue reading, please visit our ESS News website.
