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,
In 2025, the global energy storage market is projected to maintain its growth trajectory, with new installed capacity reaching 221.9 GWh, up 26.5% YoY, as InfoLink forecasts.
Pumped hydro accounted for less than 70% for the first time, and the cumulative installed capacity of new energy storage（i.e. non-pumped hydro ES） exceeded 20GW. According to incomplete statistics
The US solar industry also faces significant challenges due to recent federal actions, including proposed changes to tax credits that would effectively make them unusable
Each quarter, the National Renewable Energy Laboratory conducts the Quarterly Solar Industry Update, a presentation of technical trends within the solar industry.
This battery storage update includes summary data and visualizations on the capacity of large-scale battery storage systems by region and ownership type, battery storage co-located systems, applications served by battery
The energy storage market report uses data from the Discovery Platform and encapsulates the key metrics that underlie the sector''s dynamic growth and innovation. The energy storage heatmap
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
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.
Energy Storage Systems Market Analysis: Market Growth and Size: The market has witnessed robust growth, driven by the increasing global emphasis on renewable energy integration, grid
At a recent industry trade show, BNEF analysts noted a significant number of residential energy storage systems designed to sit on balconies and pair with a growing
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
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
The energy storage systems market size exceeded USD 668.7 billion in 2024 and is expected to grow at a CAGR of 21.7% from 2025 to 2034, driven by the rising demand for grid stabilization
The U.S. Energy Storage Monitor is offered quarterly in two versions– the executive summary and the full report. The executive summary is free and provides a bird''s eye view of the U.S. energy storage market and the
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
The U.S. battery energy storage system market size was estimated at USD 711.9 million in 2023 and is expected to grow at CAGR of 30.5% from 2024 to 2030.
The Energy Storage Market Report 2025 presents a detailed overview of firmographic trends, innovation intensity, and funding activity of the global energy storage sector.
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
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
The global energy storage system market is forecast to grow steadily between 2024 and 2031 with a compound annual growth rate of approximately **** percent.
The size of the energy storage industry in the U.S. will be driven by rising electrical applications and the adoption of rigorous energy efficiency standards. The industry''s growth will be aided by a growing focus on
The revenue potential of energy storage technologies is often undervalued. Investors could adjust their evaluation approach to get a true estimate.
The Energy Storage Market size is estimated at USD 295 billion in 2025, and is expected to reach USD 465 billion by 2030, at a CAGR of 9.53% during the forecast period
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
Energy Storage Systems Industry Analysis 2019-2024 and Forecast to 2029 & 2034 - Grid Flexibility and Demand Response Push Energy Storage Systems to New Heights, Reaching $379.29 Billion by
United States Energy Storage Market Research On Size, Growth Trends, Segments, Regions & Competition (2025 - 2030) The United States Energy Storage Market Report is Segmented by Technology
As the global energy structure accelerates its shift toward renewable energy, the energy storage industry, a critical pillar supporting this transition, is experiencing unprecedented growth
China has been an undisputed leader in the battery energy storage system deployment by a far margin. The nation more than quadrupled its battery fleet last year, which helped it surpass its 2025
Each quarter, the National Renewable Energy Laboratory conducts the Quarterly Solar Industry Update, a presentation of technical trends within the solar industry. Each presentation focuses on global and
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
The energy storage sector in the United States has been thriving in the past years, with several applications to improve the performance of the electricity grid, from
Energy storage systems (ESS) in the U.S. was 27.57 GW in 2022 and is expected to reach 67.01 GW by 2030. The market is estimated to grow at a CAGR of 12.4% over the forecast period. The size of the energy storage industry in the U.S. will be driven by rising electrical applications and the adoption of rigorous energy efficiency standards.
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.
The energy storage systems industry by technology is segmented into pumped hydro, electro-chemical, electro-mechanical, and thermal. The energy storage systems reached USD 433 billion, USD 535.8 billion and USD 668.7 billion in 2022, 2023 and 2024 respectively.
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.
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.
In addition, changing consumer lifestyle and a rising number of power outages are projected to propel utilization in the residential sector. Energy storage systems (ESS) in the U.S. was 27.57 GW in 2022 and is expected to reach 67.01 GW by 2030. The market is estimated to grow at a CAGR of 12.4% over the forecast period.
