Energy storage: Global capacity predicted to surge by a third every year in 2020s

clock • 2 min read

The consultancy predicts that US and China will drive global growth in cumulative energy storage capacity, which should top 740GWh by the end of the decade

Energy storage is poised for a decade-defining boom, with capacity set to grow by almost a third worldwide every year in the 2020s to reach around 741GWh by 2030, according to analyst Wood Mackenzie...

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
  • Access our Intelligence Reports and exclusive data-rich studies on business-critical aspects of the green economy (BG Advanced members only)
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on BusinessGreen

Leonie Brabant

Every business contract is an opportunity to reduce carbon

You don’t have to work at a specialist environmental law firm to be a climate lawyer, writes the Chancery Lane Project’s Leonie Brabant

Leonie Brabant, The Chancery Lane Project
clock 13 January 2023 • 4 min read