Explore what 2025 holds for clean energy—from solar and wind growth to storage innovations and grid modernization. Key insights from FFI Solutions.
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,
Last year saw a record-breaking 200 gigawatt-hours (GWh) of new BESS projects coming online, a growth rate of 80%. Access the whitepaper to get the Energy Storage
WASHINGTON, D.C.— Spurred by the Biden-Harris Administration''s record investments in climate, clean energy, and manufacturing, clean energy employment increased
By Yayoi Sekine, Head of Energy Storage, BloombergNEF Battery overproduction and overcapacity will shape market dynamics of the energy storage sector in
Explore the Future of energy storage—discover key technologies, market trends, and innovations powering the clean-energy transition.
However, the recent years of the COVID-19 pandemic have given rise to the energy crisis in various industrial and technology sectors. An integrated survey of energy
The financial compensation for roles within energy storage technology is influenced by numerous factors. Understanding these determinants requires a deeper analysis
The push toward clean energy targets in 24 states also creates compelling opportunities for energy storage. While established markets like California, Texas and Arizona
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
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
By Yayoi Sekine, Head of Energy Storage, BloombergNEF Battery overproduction and overcapacity will shape market dynamics of the energy storage sector in 2024, pressuring prices and providing headwinds
KPMG China and the Electric Transportation & Energy Storage Association of the China Electricity Council (''CEC'') released the New Energy Storage Technologies Empower Energy
MITEI''s three-year Future of Energy Storage study explored the role that energy storage can play in fighting climate change and in the global adoption of clean energy grids. Replacing fossil fuel-based power generation with
BloombergNEF''s New Energy Outlook 2025 maps out how the global energy transition could progress, driven by competitive economics, investment decisions to meet rising energy demand and existing short
The energy transition continues to accelerate. Solar, wind, battery storage, grid infrastructure, and biofuels are growing rapidly, supported by declining technology costs, regulatory tailwinds, and
COP29: can the world reach 1.5TW of energy storage by 2030? GlobalData analysis shows that the world is on track to increase global energy storage capacity sixfold by 2030, as agreed upon at
A net-zero future requires stabilising renewable energy grids, which necessitates huge advancements in battery technology and implementation. We delve into some of the most
Curious about how emerging startups are powering the future of energy storage? In this data-driven industry research on energy storage startups & scaleups, you get
Currently, pumped-storage hydroelectricity (PSH), which stores energy in the form of gravitational potential energy in reservoir water, is the most established large-scale energy storage technology, and
Global energy storage installations — including residential, commercial and utility scale — account for a growing share of total battery demand, rising from 6% in 2020 to an expected 13% this year.
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 trajectory of energy storage technology evolves continually, accompanied by forecasts indicating an increase in demand for engineers in this field. Experts predict that as
IRENA also released an Innovation Outlook on Thermal Energy Storage, further supporting advancements in this critical area. A strong outlook for 2025 In summary, the energy storage market in 2025
The Covid-19 pandemic and Russia''s invasion of Ukraine have led to major disruptions to global energy and technology supply chains. Soaring prices for energy and
Summary findings Investors and businesses navigating the energy transition face rising complexity and uncertainty against a backdrop of elevated policy risk and geopolitical tension.
Deloitte''s Renewable Energy Industry Outlook draws on insights from our 2024 power and utilities survey, along with analysis of industrial policy, tech capital, new technologies, workforce development, and carbon
Bloomberg New Energy Finance (BNEF) held its annual New Energy Outlook (NEO) presentation on 26 June 2019. The NEO report is BNEF''s annual economic forecast for
Technology costs for battery storage continue to drop quickly, largely owing to the rapid scale-up of battery manufacturing for electric vehicles, stimulating deployment in the power sector.
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.
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.
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%.
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.
Analysts find significant market potential for diurnal energy storage across a variety of scenarios using different cost and performance assumptions for storage, wind, solar photovoltaics (PV), and natural gas.
The top investors in the energy storage industry have collectively contributed more than USD 34.1 billion to the sector. Here’s a breakdown of the leading contributors: Rabobank has supported 268 companies with USD 5 billion, supporting the expansion of large-scale energy storage like 420 MWh. KKR has deployed USD 4.4 billion into 11 companies.
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.
