Energy Storage Outlook
From just under 0.5 terawatts (TW) in 2024, total capacity is expected to rise ninefold to over 4 TW by 2040, driven by battery energy storage systems (BESS). Last year
Energy Storage Reports and Data
The following resources provide information on a broad range of storage technologies.
2025 Predictions for the Energy Storage Sector Following a
Globally, energy storage deployment increased by 53% last year. As we look ahead to 2025, the North American energy storage sector is poised for another transformative
Global Energy Storage Growth Upheld by New Markets
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,
Solar, battery storage to lead new U.S. generating capacity
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 achieved record
U.S. Energy Storage Market Size, Forecast 2025-2034
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 renewable energy integration and
What''s Next for Energy Storage
A quick look at projections for energy storage development, including costs and types of long-duration technologies in demonstration.
US Energy Storage Market Update
US energy storage market added more than 2 GW across all segments in Q1 2025. Despite a q-o-q decrease in storage installations, Q1 2025 new additions are the highest
REPORT: Energy Storage Market Continues Strong Growth in Q1
“The Q1 2025 results demonstrate the demand for energy storage in the US to serve a grid with both growing renewables and growing load. However, the industry stands at
Energy Storage Rides a Wave of Growth but Uncertainty
The energy storage sector maintained its upward trajectory in 2024, with estimates indicating that global energy storage installations rose by more than 75%, measured by megawatt-hours