The global battery industry has been gaining momentum over the last few years, and investments in battery storage and power grids surpassed 450 billion U.S. dollars in 2024.
Jobs in Battery Storage In 2023, solar jobs grew alongside employment growth in battery storage, energy efficiency, and other renewable energy technologies.
The insights featured in our annual Construction Industry Salary Report can help you map a path forward to support your organization, people, and projects. Our report highlights data on
As of the first half of 2023, the world added 27.3 GWh of installed energy storage capacity on the utility-scale power generation side plus the C&I sector and 7.3 GWh in
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
This information was prepared as an account of work sponsored by an agency of the U.S. Government. Neither the U.S. Government nor any agency thereof, nor any of their employees,
Latino and Hispanic workers held nearly one-third of the new energy jobs created in 2023, growing by 79,000 workers. The energy industry sectors experiencing the
3. Lack of safety and standards. In 2023, multiple overseas energy storage power station fire accidents caused the industry to pay high attention to safety, but the global
The main content of the "2023 Energy Storage Industry Research White Paper" is that in the context of the turbulent international situation and the weak recovery of the world
The U.S. energy storage market size crossed USD 106.7 billion in 2024 and is expected to grow at a CAGR of 29.1% from 2025 to 2034, driven by increased
In 2023, the energy storage industry shifted gears from prosperity to intense competition, giving rise to several focal points. Examining the global energy storage market,
In 2023, the global economy weakened, and inflation saw a decline, impacting the willingness of key contributing countries to undertake major installations. Concurrently, the
The global energy storage market almost tripled in 2023, the largest year-on-year gain on record, and that growth is expected to continue.
The battery storage industry has gained significant momentum in recent years, driven by the increasing demand for renewable energy and the transition towards a more
Image: Solar Media. Fluence and Atlantic Green took home two trophies each as our publisher Solar Media hosted the first-ever annual Energy
China''s industrial and commercial energy storage is poised for robust growth after showing great market potential in 2023, yet critical
But this industry is more like a Swiss Army knife: versatile, multi-layered, and packed with opportunities. With global energy storage capacity projected to hit 1.3 TWh by
Energy Storage Reports and Data The following resources provide information on a broad range of storage technologies. General U.S. Department of Energy''s Energy Storage Valuation: A
Image: Solar Media. Fluence and Atlantic Green took home two trophies each as our publisher Solar Media hosted the first-ever annual Energy Storage Awards. The 2023
Owing to the energy storage incentives introduced by the Inflation Reduction Act (IRA), annual energy storage capacity additions in the U.S. have reached 9.3 gigawatts in
Latino and Hispanic workers held nearly one-third of the new energy jobs created in 2023, growing by 79,000 workers. The energy industry
On May 20, the China Energy Storage Alliance hosted the "Assessing Energy Storage''s Development Trends and the Energy Storage Industry White Paper 2020 " webinar,
What is the salary range of a Storage Engineer? As of July 01, 2025, the average annual salary for a Storage Engineer in the United States ranges from $74,594 (25th percentile) to $85,898
Figure 2: Cumulative installed capacity of new energy storage projects commissioned in China (as of the end of June 2023) In the first half of
What will energy storage look like in 2023? At the beginning of each year, we pause to reflect on what has happened in our industry and gather our thoughts on what to expect in the coming 12
Global energy storage’s record additions in 2023 will be followed by a 27% compound annual growth rate to 2030, with annual additions reaching 110GW/372GWh, or 2.6 times expected 2023 gigawatt installations. Targets and subsidies are translating into project development and power market reforms that favor energy storage.
Residential batteries are now the largest source of storage demand in the region and will remain so until 2025. Separately, over €1 billion ($1.1 billion) of subsidies have been allocated to storage projects in 2023, supporting a fresh pipeline of projects in Greece, Romania, Spain, Croatia, Finland and Lithuania.
With the President’s goal of an electrical grid run on 100% carbon-free sources by 2035 and a net zero economy by 2050, energy jobs are expected to see continued growth in every pocket of the America. The 2023 USEER also found that employers are seeing the benefits of strong unions.
As the private sector continues to announce major investments in American-made energy thanks in large part to President Biden’s Investing in America agenda, the 2023 USEER shows that the energy workforce added almost 300,000 jobs from 2021 to 2022 (+3.8% growth), outpacing the growth rate of the overall U.S. workforce, which grew by 3.1%.
WEE 2023 explores in depth the risks of skilled labour shortages and how this may influence the outlook for the industry and includes new analysis on skills, certifications, wages, and job postings. The findings signal that the ongoing shifts in energy employment will continue and can present both opportunities and risks.
We added 9% of energy storage capacity (in GW terms) by 2030 globally as a buffer. The buffer addresses uncertainties, such as markets where we lack visibility and where more ambitious policies may develop that we haven’t predicted. We revised our buffer calculation methodology in this market outlook.