By 2030 global storage capacity of 125GW the United States accounted for 1 to 4
According to the latest report from Bloomberg New Energy Finance, the global energy storage market is expected to double from 2016 to 2030 to 125 GW with capacity of 305 GWh.
The BNPF's 2017-2030 Energy Storage Forecast released on Monday showed that from 2016 to 2030, the global energy storage market will not only double but also the United States will account for a quarter of deployments.
Overall, by 2030, global energy storage will increase to 125 GW with a capacity of 305 GWh, similar to what the global solar industry experienced during 2000-2015.
Yayoi Sekine, Energy Storage Analyst at BNEF, explains: "The global energy storage industry is just getting under way. With increasing investment in battery technology, continued cost reductions, and substantial increases in wind and solar energy, energy storage will play a key role in energy conversion Important role. "
Between 2016 and 2030, the total investment in the global energy storage market will reach 103 billion U.S. dollars, roughly in the Americas, Asia Pacific and Europe, Middle East and Africa.
BNEF also emphasized that eight countries that will lead the global market account for 70% of the global market, namely the United States, China, Japan, India, Germany, the United Kingdom, Australia and South Korea.