COP29: UK backs global pledge to ramp up energy storage to 1,500GW worldwide by 2030

clock • 6 min read
Credit: iStock
Image:

Credit: iStock

Collective target to deliver six-fold increase in global energy storage capacity among flurry of energy initiatives officially unveiled in Baku as crunch UN climate talks move into second week

The UK has become one of the first nations to officially back a new collective target launched at COP29 to deliver a six-fold increase in energy storage capacity to reach 1,500GW worldwide by the end of...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Global Briefing: Study shows Indian power sector emissions fell during first half of 2025

Global Briefing: Study shows Indian power sector emissions fell during first half of 2025

India's power sector emissions fall for only second time in 50 years, China ramps up battery investment, and Europe's extreme weather costs rise

James Murray
clock 19 September 2025 • 7 min read
Octopus Energy Group to spin-off Kraken technology and software arm

Octopus Energy Group to spin-off Kraken technology and software arm

Energy giant said move will help accelerate global expansion of Kraken's AI-powered customer energy management platform

Michael Holder
clock 19 September 2025 • 3 min read
Report: Renewables sector human rights policies improving, but 'critical gaps' remain

Report: Renewables sector human rights policies improving, but 'critical gaps' remain

Ranking of 35 leading clean energy firms warns major risks relating to Indigenous Peoples' rights and forced labour in solar supply chains still need addressing

Michael Holder
clock 17 September 2025 • 5 min read