Where are the trillion-dollar energy storage fields

How big will energy storage be in 2035?

Overall deployment will still rise every year in the next decade, as other markets rapidly scale up. BloombergNEF expects the energy storage market in 2035 to be 10 times larger than it is today, at 228 gigawatt (965 gigawatt-hours) cumulatively, in its latest outlook.

Which countries are leading the global storage market this year?

This year will see a massive 76% jump in global storage installations to 69 gigawatts/169 gigawatt-hours. China leads, while the US stays second. Other main markets are India, Germany, Italy, UK, Italy, Australia and Japan.

Who are the energy storage associates at bloombergnef?

By Nelson Nsitem, Senior Energy Storage Associate, Yayoi Sekine, Head of Energy Storage, and Andy Leach, Energy Storage Associate, BloombergNEF