Energy storage battery capacity in developed countries

Which countries need more battery storage?

Ireland and Germany’s capacities only grew by 28% from the previous year. Meanwhile, South Korea’s capacity remained the same. The International Energy Agency estimates that 1,300 GW of battery storage will be needed by 2030 to support the renewable energy capacity required to meet the 1.5°C global warming target.

Which countries have the most grid-scale battery energy storage systems in 2023?

This treemap, created in partnership with the National Public Utilities Council, visualizes which countries had the most grid-scale battery energy storage systems (BESS) in 2023. China has nearly half the world’s grid storage battery capacity and keeps growing at a breakneck pace.

Which countries have the largest energy storage capacity by 2030?

Regions with the largest expected growth in energy storage capacity by 2030 include Latin America (+1,374%), the Middle East (+1,147%), and the Asia-Pacific (+778%), based on data from Wood Mackenzie’s Global Energy Storage Market Update Q2, 2024.

How many GW of battery storage will be needed by 2030?

According to the International Energy Agency, 1300 GW of battery storage will be needed by 2030 to support the renewable energy capacity required to meet the 1.5°C global warming target. But how close is the world to reaching that target?

Which country has the most battery-based energy storage projects in 2022?

In 2022, the United States was the leading country for battery-based energy storage projects, with approximately eight gigawatts of installed capacity.

How many GW of battery storage will be needed in 2023?

The International Energy Agency estimates that 1,300 GW of battery storage will be needed by 2030 to support the renewable energy capacity required to meet the 1.5°C global warming target. Despite ongoing regulatory challenges, such as inadequate environmental protection, the total global grid storage battery capacity in 2023 reached 55.7 GW.