Global storage capacity to hit 500GW in 2030
Cumulative energy storage deployments worldwide are expected to reach 500GW by 2031, according to Wood Mackenzie’s Global Energy Storage Outlook. Europe demand lags behind the US and China, as the region’s grid-scale market struggles to stabilise, with only 159 gigawatt hours (GWh) forecasted for the region by 2031, compared to 422GW...
29 July, 2022