The global energy storage market is poised for continued expansion in 2026, even as supply chain constraints, regulatory evolution, and emerging applications reshape the landscape, according to Wood Mackenzie.
Australian mining giant Fortescue has claimed to have secured large-scale battery storage at pricing levels not previously seen in Australia, according to CEO Dino Otranto.
Foreign entity of concern (FEOC) restrictions and the scheduled Section 301 tariff increase to 25% on Chinese-origin battery energy storage systems (BESS) went into effect on 1 January 2026.
Saudi Arabia and the UAE have emerged as two of the world’s most prominent energy storage markets, with mega-scale projects announced and moved forward at a staggering pace over the last two years. But what does the next phase look like?
BESS Large-Scale Fire Testing (LSFT) has been adopted as part of best practice thinking on safety validation, with at least a dozen companies announcing tests and results and many more expected going forward. It becomes mandatory in the 2026 edition of NFPA 855.
Virginia’s recently proposed legislation to significantly increase energy storage requirements coincides with unprecedented electricity demand growth in the state, largely driven by data centres.
The UK market saw strong interest and activity in 2025 but now appears to be shifting from a development market to one focused on execution, writes Solar Media analyst Charlotte Gisbourne.
