energy storage market
Storage
US Energy Storage Association warns of “uncertain time” ahead
A quarter of US energy storage companies expect to reduce their workforces due to the impact of the COVID-19 pandemic, while more than half are anticipating a loss in revenues, according to a new survey from the US Energy Storage Association.
Storage
Energy storage market to grow to $546 billion by 2035
The global energy storage – mobility applications, electronic devices, and stationary storage – will reach an annual combined deployment level of 3,046 GWh over the next 15 years.
Policy & Regulation
Unlocking access to storage in the US to meet demand
They discuss the association's work in helping regulators give access and value to grid-based storage across the US, the massive growth in the sector forecast for 2020, and the rise of residential solar in 2019.
Energy & Grid Management
A review of grid modernisation efforts in the US
It’s becoming familiar ground, working in a sector where technology is continually evolving at a rate federal and state regulators seemingly can’t keep pace with, leaving utilities stuck in a semi-state of partial readiness, but unable to make big moves as oil, gas and coal are fought for at the highest levels.
Policy & Regulation
The Asia Pacific is the largest market for energy storage software...
A new report from Navigant Research analyses the global market for energy storage systems (ESSs), providing forecasts of software vendor revenue for upfront system deployment and annual platform access/maintenance fees through 2028.
Storage
$40 million DoE funding to advance the H2@Scale concept
The US Department of Energy has announced approximately $40 million in funding to advance the H2@Scale concept.
Storage
Massive decline in lithium ion prices through 2029 – report
The global prices for lithium ion batteries will drop by 6.5% per annum over the next decade.
Storage
Global energy storage market to reach $500 billion by 2025 –...
A new report from Global Market Insights estimates that the worldwide energy storage market will reach a total value of $500 billion by 2025.
Storage
$662 billion needed for energy storage market
According to BloombergNEF’s (BNEF) Energy Storage Outlook 2019, energy storage installations around the world will multiply exponentially
Storage
A remarkable year for stationary energy storage – IDTechEx Research
2018 was a remarkable year for stationary energy storage. Governments and policymakers around the world are beginning to wake up to the value batteries can offer to the grid, both in terms of flexibility and decarbonisation.
