The European Energy Storage Market Monitor (EMMES) updates the analysis of the European energy storage market (including household storage, industrial storage and pre-metre storage) and forecasts until 2030. The report covers
Battery storage. In 2025, capacity growth from battery storage could set a record as we expect 18.2 GW of utility-scale battery storage to be added to the grid. U.S. battery storage already
According to Wood Mackenzie, there is 83 GWh of installed energy storage capacity in the United States, including nearly 500,000 distributed storage installations. Current
Energy storage subsidies in Poland for 2024-2025 support the country''s energy transition, increasing RES efficiency and grid stability.
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
These "soft benefits" often make storage more appealing, even when pure payback calculations look borderline. Future Trends in Home Energy Storage Looking ahead,
A similar airport expansion project is taking place in Ilulissat to enhance Greenland''s aviation network. 2.3 Hydroelectric Power Projects Greenland has been investing in renewable energy infrastructure, including
Asia-Pacific (APAC) region is expected to dominate the global energy storage market, accounting for 49% of upcoming energy storage projects by 2030. Australia, China and India are among
The European Market Outlook for Battery Storage 2025–2029 analyses the state of battery energy storage systems (BESS) across Europe, based on data up to 2024 and
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, the sector continues to grow as developers
The revenue potential of energy storage technologies is often undervalued. Investors could adjust their evaluation approach to get a true estimate.
With developers continuing to add new capacity, including 9.2 GW of new lithium-ion battery storage capacity in 2024 through November 2024 and comparable levels of growth expected
Energy storage grew in a big way in 2024. Find out what''s in store for 2025 and how developers like Convergent will meet the moment.
The design of home energy storage systems in 2025 reflects a growing emphasis on user experience and visual integration. Gone are the days of bulky, utilitarian
Energy storage is integral to achieving electric system resilience and reducing net greenhouse gases by 45% before 2030 compared to 2010 levels, as called for in the Paris Agreement. China and the United States
Conclusion Technical design decisions have profound implications for energy storage economics. Looking beyond basic capital costs to consider holistic system
Maximize home efficiency with residential energy storage solutions. Store excess power, ensure backup, and cut energy costs effectively. Read on for more!
The European Energy Storage Market Monitor (EMMES) updates the analysis of the European energy storage market (including household storage, industrial storage and pre-metre storage)
It is scheduled to start equipment delivery in 2024 and is expected to achieve full capacity grid-connected operation in 2025, which will bring a huge increase in energy storage
Should the electricity price remain at normal levels, the ongoing decline in investment costs for energy storage and solar systems is expected to continuously stimulate
Utility-scale installations would decrease by 16 GW over the next 5 years if the tax provisions are changed. In the near term, the report projects that 15 GW/49 GWh of energy storage capacity will be installed across
Energy storage subsidies in Poland for 2024-2025 support the country''s energy transition, increasing RES efficiency and grid stability.
The aim is to further promote the integration of renewables into the wider energy system which will stimulate energy storage growth in turn. Additionally, IRENA has conducted
Image: Wood Mackenzie / ACP Grid-scale storage deployments alone are expected to reach 13.3 GW in 2025. Across all segments, Wood Mackenzie expects 15 GW of storage deployments, growing another 25% over
Introduction Battery energy storage presents a USD 24 billion investment opportunity in the United States and Canada through 2025. More than half of US states have adopted renewable energy
Detailed ranking and analysis of home improvements that have a return on investment (ROI) of as much as 3600% in home resale value terms.
The global shift towards renewable energy sources has spotlighted the critical role of battery storage systems. These systems are essential
Discover the top home renovation projects with the highest return on investment (ROI) in 2025. Learn how energy-efficient upgrades, smart home tech, and evolving buyer preferences are boosting home resale values.
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
According to the new " U.S. Energy Storage Monitor " developed by Wood Mackenzie and the American Clean Power Association (ACP), the American energy storage
Production is expected to begin in Q2 2025. LG Energy will invest about $2.3 billion in a facility to manufacture lithium-iron phosphate pouch-type batteries (LFP) for energy-storage systems.
Europe saw a pivotal moment when the grid-scale segment experienced a significant surge, surpassing the distributed segment for the first time. In Latin America, momentum was built as storage deployments increased by 42%. In 2025, emerging markets for storage will be on the rise.
Additionally, IRENA has conducted a study on electricity storage costs and markets projected through 2030, with a particular focus on battery storage. IRENA also released an Innovation Outlook on Thermal Energy Storage, further supporting advancements in this critical area.
In Latin America, momentum was built as storage deployments increased by 42%. In 2025, emerging markets for storage will be on the rise. Saudi Arabia will lead the charge, fuelled by its expansion of solar and wind generation.
In the United States, the 2022 introduction of the Inflation Reduction Act included an investment tax credit for stand-alone storage. Since then we have seen huge growth in the sector in the US, and we expect to see this to continue into 2025, with several large-scale battery storage projects set to complete in 2025.
As the world transitions towards cleaner energy systems, innovative storage solutions are gaining prominence, enabling more efficient use of renewable resources. This growing market encompasses a range of technologies, including batteries, pumped hydro, and thermal storage, each playing a crucial role in enhancing energy resilience.
The increasing integration of renewable energy sources, the need for grid stability and government incentives will all contribute to this. At the end of 2024, the Energy Storage and Grids Pledge of COP29 aimed to increase global energy storage capacity six times above 2022 levels, reaching 1,500 GW by 2030.
