While pumped hydro plants still account for around 96% of installed capacity of stationary energy storage worldwide, there will be more than 28GW of lithium batteries deployed for stationary storage applications by the year 2028, Navigant Research has predicted.
The European energy storage market is nearing the global top spot for deployment, according to a new report from Wood Mackenzie Power & Renewable.
The residential energy storage market in the US has just enjoyed one of its biggest growth spurts so far, although action is mostly centred in specific states with supportive policies and conditions.
The commercial and industrial segment is one of the most promising sub-sectors of the energy storage space. Julian Jansen of IHS Markit describes recent efforts to model the US C&I storage landscape and what it reveals about this dynamic emerging market. As told to Andy Colthorpe.
A new study from Navigant Research into the strategy and execution of various lithium-ion battery providers in the utility-scale energy storage industry identified Korean companies LG Chem and Samsung SDI as “leaders” of a rapidly-growing sector.
The second part of our round-up of the best guest blogs of the year covers as wide a range of topics as yesterday's list, from a mixture of experts and industry stakeholders.
The rise of energy storage will enjoy a similarly meteoric trajectory to that enjoyed by solar PV deployment in the past and could reach 305GWh of installations by 2030, BNEF has predicted.
The UK’s large-scale battery storage installations have reached 100MW of capacity, made up of around 50 individual sites larger than 250kW. Lauren Cook of Solar Media's Market Research team discusses how this point has been arrived at and what we might expect to see coming next.
It has been the US’ busiest quarter to date for behind-the-meter energy storage installations, driven in part by residential adoption in the advanced markets of California and Hawaii, GTM Research has found.
According to the latest GTM Research figures, energy storage is coming into its own and is no longer confined to a handful of US states. 21 states now have 20MW of storage projects proposed, in construction or deployed. Further, 10 states have pipelines of more than 100MW.
Software for energy storage systems will be a mixture of in-house solutions by integrator/ developers and third-party providers, in an industry segment set for a steep rise in value, according to one expert.