Energy storage installations are expected to accelerate through the remainder of the decade, reaching 411GW/1194GWh by 2030, 15 times the 27GW/56GWh of storage that had been brought online by the end of 2021. These are the headlines from the most recent Energy Storage Market Outlook report from analysts BloombergNEF (BNEF), which increases its outlook for […]
Global energy storage market will reach $73.8bn by 2031 – study – EQ Mag Pro
A new report by Transparency Market Research has found that the global energy storage systems market is likely to expand at a steady CAGR (compound annual growth rate) of 5.6% from 2020 to 2031 to reach $73.8 billion in 2031 from $40.53 billion in 2020. According to the report, Energy Storage Systems Market Outlook 2031, […]
