The global power sector is undergoing a structural transformation driven by decarbonization targets, renewable energy expansion, and increasing electricity demand. In this
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Technological breakthroughs and evolving market dynamics have triggered a remarkable surge in energy storage deployment across the electric grid in front of and behind-the-meter (BTM).
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Energy storage is expected to play a significant role in enabling the global data centre build-out, although the commercial and financing models developers will use are evolving, Energy
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By application, grid-scale utility projects accounted for 70.63% of the 2025 energy storage market size, whereas EV-charging infrastructure is set to grow at a 29.66% CAGR through 2031.
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Learn more in the full report. Also in Five trends to look for in global energy storage in 2026 How do regional energy storage market dynamics differ? Is this the year that grid-forming
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The energy storage industry is planning to deliver and expand upon these investments and continue the battery manufacturing boom jump-started by rapid energy storage deployment.
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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 grid
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The battery storage industry in the U.S. has grown in leaps and bounds in recent years, surpassing its most aggressive targets to become one of the largest new sources of power on the grid.
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In 2017, the early leaders in energy storage made an audacious bet: 35 gigawatts of the new grid technology would be installed in the United States by 2025. That goal sounded improbable
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Energy from sunlight or other renewable energy is converted to potential energy for storage in devices such as electric batteries. The stored potential energy is later converted to electricity that is added to
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