Large-scale Energy Storage: Creating a flexible and reliable energy system
An important pillar supporting the deployment of variable renewable energy sources
Large-scale Energy Storage: Creating a flexible and reliable energy system
An important pillar supporting the deployment of variable renewable energy sources
The future of energy storage
Accelerating market reforms to realise the full value and benefits of energy storage
DECREASING
COST
MARKET
REFORMS
VERSATILE
TECHNOLOGY
CHANGING REGULATIONS
ACCESSIBLE
APPLICATIONS
INCREASING
INCENTIVES
Stats and Facts
The use of batteries for renewable energy is expected to increase over the coming years.
$11.04bn in 2025
The size of the global battery energy storage market
Expand by 56%
Global installed storage capacity to expand over the next 5 years
USD$2.9bn
US Government funding allocation for battery production under the Biden Infrastructure Deal
Fallen by 80%
Reduction in price of lithium-ion battery in the last 7 years
82GW and 109GW
The projected size of China’s energy storage systems (ESS) market in 2025 and 2026 respectively
1TWh in 2025
Forecasted battery demand
Quotes
Energy Storage Systems have always been a critical component of a transition to a decarbonized economy and as their costs fall, battery storage systems are emerging as an economical solution to effectively integrate a high share of solar and wind renewables in power systems across the world.
Anna Park
Co-Head of Asia Energy Research, Macquarie Capital
We project Energy Storage Systems (ESS) capacity in the US and China to increase sevenfold by 2030.
Anna Park
Co-Head of Asia Energy Research, Macquarie Capital
Quotes
Energy Storage Systems have always been a critical component of a transition to a decarbonized economy and as their costs fall, battery storage systems are emerging as an economical solution to effectively integrate a high share of solar and wind renewables in power systems across the world.
Anna Park
Co-Head of Asia Energy Research, Macquarie Capital
We project Energy Storage Systems (ESS) capacity in the US and China to increase sevenfold by 2030.
Anna Park
Co-Head of Asia Energy Research, Macquarie Capital
Battery Storage Training Courses
With no prior experience, you will have the opportunity to walk through hands-on examples with Hadoop and Spark frameworks, two of the most common ...
Free
With no prior experience, you will have the opportunity to walk through hands-on examples with Hadoop and Spark frameworks, two of the most common ...
Free
Pumped Hydro
With no prior experience, you will have the opportunity to walk through hands-on examples with Hadoop and Spark frameworks, two of the most common ...
Free
Geothermal
With no prior experience, you will have the opportunity to walk through hands-on examples with Hadoop and Spark frameworks, two of the most common ...
Free
Hydrogen
With no prior experience, you will have the opportunity to walk through hands-on examples with Hadoop and Spark frameworks, two of the most common ...
Free
Net-Zero
With no prior experience, you will have the opportunity to walk through hands-on examples with Hadoop and Spark frameworks, two of the most common ...
Free
Battery Storage News
Energy giant Statkraft to trial “revolutionary” flow battery made with saltwater
For more information: Click Here ...
Join our weekly newsletter