The regulatory approval obtained by Georgia Power in April 2024 to build three new gas plants and extend operations of two coal plants exemplifies this trend.
Strategic M&A in energy, utilities & resources will continue to unlock ''value in motion'' as dealmakers respond to accelerating demand and
This isn''t sci-fi – it''s happening today in what''s become a $33 billion global industry generating nearly 100 gigawatt-hours annually [1]. But where''s this headed? Let''s
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,
In the first half of 2023, the domestic energy storage sector experienced a boost, propelled by the continued expansion of wind and solar power installations and a decline in
The scene is set for significant energy storage installation growth and technological advancements in 2025. Outlook and analysis of
Executive Summary The rapid expansion of renewable energy has both highlighted its deficiencies, such as intermittent supply, and the pressing need for grid-scale energy storage
The applications of energy storage systems have been reviewed in the last section of this paper including general applications, energy utility applications, renewable
Despite facing challenges, participants in the new energy storage sector remain optimistic about future development prospects. A fresh
What RD&D Pathways get us to the 2030 Long Duration Storage Shot? DOE, 2022 Grid Energy Storage Technology Cost and Performance Assessment, August 2022.
In this multiyear study, analysts leveraged NREL energy storage projects, data, and tools to explore the role and impact of relevant and
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
Explore the top emerging energy tech shaping the future of the industry—AI, storage, DERs, hydrogen, and more. What will it mean for brokers & customers?
While energy storage is already being deployed to support grids across major power markets, new McKinsey analysis suggests investors often
Global energy storage capacity outlook 2024, by country or state Leading countries or states ranked by energy storage capacity target worldwide in 2024 (in gigawatts)
Discover the latest trends in energy storage for 2024. From advances in battery technology to emerging storage solutions, explore how the energy landscape is evolving and
This report is essential for stakeholders who want to understand the evolving dynamics of the energy storage sector and identify opportunities for investment
As we approach 2025, the energy storage sector is poised for significant growth, driven first and foremost by increasing demand for grid-scale energy storage solutions,
There is a growing need to increase the capacity for storing the energy generated from the burgeoning wind and solar industries for periods
When battery storage is paired with solar PV (known as solar-plus-storage), batteries can utilize solar energy whether or not the sun is
Market Definition Energy storage is the process of accumulating energy in specific devices or systems for future use, allowing companies and industries to conserve energy and utilize it
Deloitte''s Renewable Energy Industry Outlook draws on insights from our 2024 power and utilities survey, along with analysis of industrial policy, tech capital,
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
Foreword As part of the U.S. Department of Energy''s (DOE''s) Energy Storage Grand Challenge (ESGC), DOE intends to synthesize and disseminate best-available energy storage data,
In the first half of 2023, the domestic energy storage sector experienced a boost, propelled by the continued expansion of wind and solar
The Asia-Pacific region continues to dominate the energy storage market, projected to reach $6.01 billion in 2025, accounting for 54% of global market value. Countries
From identifying the pivotal drivers of growth to analyzing technological advancements, market segments, and social impacts, it is clear that the energy storage sector
