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

IEA: Global clean energy system investment to reach $2.2tr in 2026

IEA: Global clean energy system investment to reach $2.2tr in 2026

Global investment in building a clean energy system worldwide expected to once again surpass amount funnelled towards oil, gas and coal, International Energy Agency has found

Michael Holder
clock 28 May 2026 • 5 min read
 Octopus Energy's smart 'Tenant Power' tariff arrives in Wales

Octopus Energy's smart 'Tenant Power' tariff arrives in Wales

Tariff offers reduced bills for social housing tenants and financial incentives for landlords to install green technologies

clock 28 May 2026 • 2 min read
UK homes and businesses drive 'record-breaking' solar rollout in 2025

UK homes and businesses drive 'record-breaking' solar rollout in 2025

Nine of the 10 strongest months for UK solar installations occurred within the past year, official figures confirm

Stuart Stone
clock 28 May 2026 • 4 min read