BNEF: Energy storage to surge past 1,000GW worldwide by 2040 as costs halve

Michael Holder
clock • 3 min read

Expectations for stationary energy battery storage market continue to surge, as influential analyst house revises up deployment forecasts

The global stationary energy storage market is set for surging growth over the next two decades, as sharp declines in lithium-ion battery costs and rising demand for wind and solar power drives capacity...

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More on Infrastructure

Image: Kanenori

Superpower potential: Report warns outdated planning system is stifling 'biggest opportunity since the internet'

Britain Remade campaign warns the planning system is hampering efforts to deliver the 70GW of renewable power needed to ensure energy security for the UK

Stuart Stone
clock 27 March 2023 • 4 min read
National Infrastructure Commission: Government must 'go big' on infrastructure or miss climate goals

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Commission blasts the government's 'stuttering' approach to infrastructure development, but suggests it is still possible to get 'back on track' to deliver on climate and energy security goals

clock 27 March 2023 • 6 min read
Credit: National Grid

T-pylons: National Grid electrifies first low-carbon pylon project

The UK's first new pylon design for nearly 100 years was powered up this week, in a landmark moment for the National Grid's Hinkley Connection Project in Somerset.

clock 24 March 2023 • 2 min read