The U.S. Department of the Treasury released additional guidance on the Inflation Reduction Act''s domestic content tax credit bonus for solar and battery energy storage projects. The guidance today builds on the
Continued expansion of intermittent renewable energy, ESG-focused investments, the growing versatility of storage technologies to provide grid and customer services, and declining costs
Actively Exploring Energy Storage Application Scenarios In the era when the industry is fully shifting toward marketization, the reform of the electricity spot market is
Not all energy storage technologies and markets could be addressed in this report. Due to the wide array of energy technologies, market niches, and data availability issues, this market
For example, each component of a battery energy storage system contributes points under the 2025-08 IRS Notice, which helps projects meet the domestic content qualification thresholds. For 2H 2025, the report
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
In 2023, as the costs of solar and energy storage decline, the European market for large-scale energy storage is progressively expanding, witnessing a continuous uptrend in
HOUSTON/WASHINGTON, D.C. June 25, 2025 — According to the new U.S. Energy Storage Monitor developed by Wood Mackenzie and the American Clean Power Association (ACP), the American energy storage
The Guidance will apply to taxable years after May 12, 2023, but taxpayers may rely on the rules for the domestic content bonus credit requirements for any qualified facility, energy project or
Investment Rating - The report maintains a "Buy" rating for the industry [1] Core Viewpoints - The growth trends in the US, China, and Europe are clear, with emerging markets
As investment in renewable energy generation continues to rise to match increasing demand so too does investment, and the opportunity to invest, in energy storage.
About this report The US Energy Storage Monitor is a quarterly publication of Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP). Each quarter, new
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
Government support policies, such as the Capacity Investment Scheme, provide financial certainty that can help secure funding for battery storage projects. However, the report
However, no significant development of energy storage projects (save for domestic projects) is expected until the end of 2020. The current pumped hydroelectric energy
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
Experts predict what 2025 holds for U.S. energy policy: EV battery costs fall, energy storage demand surges, carbon removal hits scale, permitting reform in D.C.
U.S. battery storage capacity has been growing since 2021 and could increase by 89% by the end of 2024 if developers bring all of the energy storage systems they have planned on line by their intended commercial
The existing literature on energy storage has primarily focused on technological innovation, leaving a research gap to be filled using a policy lens. Through qualitative analysis,
Actively Exploring Energy Storage Application Scenarios In the era when the industry is fully shifting toward marketization, the reform of the electricity spot market is accelerating, the mechanisms for energy storage
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
In Europe Energy Storage Market, Over the next decade, the top 10 countries in Europe will add 73 GWh of energy storage, amounting to 90% of new deployments.
Australia has a massive pipeline of grid-scale battery energy storage projects. 16.5 GW of new battery projects could arrive in the NEM in the next 3 years.
The Electricity Advisory Committee (EAC) submitted its last five-year energy storage plan in 2016.1 That report summarized a review of the U.S. Department of Energy''s (DOE) energy
In our January 2024 Short-Term Energy Outlook, which includes data and forecasts through December 2026, we forecast five key energy trends that we expect will help
The reason for the abnormal price in April is that there are large-scale projects that have driven up the average price: the 155MW/310MWh cold plate liquid-cooled energy storage system
The commitment "represents a clear pathway to supplying 100% of U.S. energy storage projects with American-made batteries by 2030," but depends on a "streamlined
In 2023, as the costs of solar and energy storage decline, the European market for large-scale energy storage is progressively expanding, witnessing a continuous uptrend in the scale of projects. According to forecasts
The report explores key trends such as the impact of rising electricity prices, evolving subsidy programs, and the role of energy storage in achieving long-term
When complete in 2026, the energy storage center is expected to be the largest standalone battery energy storage project in the Great Lakes region. The new Trenton Channel Energy
The pledge includes investment in new battery manufacturing facilities and procurement of US batteries for US energy storage projects. According to the association, it is
The high penetration of renewable generation projects in the region could deliver a large amount of clean energy and really accelerate the journey to net zero, but at the moment Czech companies are not in a position to reap the full benefits of solar and other renewable energy sources. To do so, battery storage will be essential.
With coal dominating the energy mix, the Czech Republic has traditionally enjoyed low electricity prices and a steady supply of domestic fuel. However, the recent energy crisis, together with pressure from stakeholders and regulatory bodies to decarbonise, has triggered an unprecedented shift in the country’s energy market.
The subsidy increases to cover up to 75% of costs for community projects. But what we noticed at Wattstor is that Czech businesses are investing in renewable projects even in the absence of subsidies, because they have realised the strong business case for generating clean energy on site.
At the same time, stakeholder and regulatory pressure encouraged Czech organisations to invest in renewable power. There are several EU incentives to spur the growth of onsite generation. For example, the Modernisation Fund supports investments in energy efficiency, storage, network upgrades and the re-skilling of workers.
