IRENA: Battery storage capacity tipped to grow 17-fold by 2030 as costs plummet

Michael Holder
clock
 battery-storage-somerset.jpeg
Image:

battery-storage-somerset.jpeg

International Renewable Energy Agency estimates costs of stationary battery storage could drop 66 per cent by 2030, as EV development accelerates

Rapid reductions in stationary battery storage development costs could lead to a 17-fold growth in installed capacity worldwide by 2030, according to the International Renewable Energy Agency (IRENA)....

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now

 

Already a BusinessGreen
member?

Login

More on Automotive

Credit: iStock

New £40m government competition promises to 'revolutionise' self-driving services

Funding aims to help commercialise self-driving vehicles for use by delivery companies and public transport

James Murray
clock 23 May 2022 • 3 min read
Not so moral money?

Not so moral money?

Stuart Kirk's insistence investors do not need to worry about climate risk fundamentally misunderstands both climate change and risk

James Murray
clock 20 May 2022 • 11 min read
Hinkley Point C confirms fresh delays, as MPs raise nuclear decommissioning concerns

Hinkley Point C confirms fresh delays, as MPs raise nuclear decommissioning concerns

Developer reveals flagship project is facing further delays, as Public Accounts Committee raises alarm over wider nuclear industry decommissioning costs

James Murray
clock 20 May 2022 • 5 min read