Energy storage in 2025: Year in review
Despite an increase in battery metal costs, global average prices for battery storage systems continued to tumble in 2025.
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Despite an increase in battery metal costs, global average prices for battery storage systems continued to tumble in 2025.
While EVs still dominate battery demand, energy storage will make up about a fifth of the market by 2030, according to a forecast by energy
An aerial photo is showing the largest energy storage 400MW project in Shandong province in Zaozhuang City, China, on March 10, 2024. The
This report analyses the supply chain of the global energy storage industry, focusing on China, Europe and the United States. The report highlights
Demand for energy storage continues to escalate, the global battery energy storage (BESS) landscape is poised for significant installation growth
By bridging the gap between academic research and real-world implementation, this review underscores the critical role of lithium-ion batteries in achieving decarbonization, integrating
The global energy storage market is poised to hit new heights yet again in 2025. Despite policy changes and uncertainty in the world''s two largest markets, the US and China, the sector
BloombergNEF forecasts a record 94 GW (247 GWh) of utility-scale storage in 2025—a 35% rise—driven by China''s storage mandates. US tariffs,
Updated annually to reflect the latest energy data, technology and market trends, and government policies, it explores a range of possible energy futures and their implications for energy security,
The cumulative global capacity of utility-scale batteries surpassed 50 GW/200 GWh in 2025, with annual additions accelerating thanks to plunging lithium-ion prices and favorable policy