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Energy Storage Market Outlook 2024

Battery Technologies, Grid Integration, and Market Dynamics

Comprehensive analysis of the rapidly evolving energy storage market, covering battery technologies, grid-scale deployments, and emerging market opportunities.

Published May 20, 2024
20 min read
1.8 MB
6 preview pages
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Technology Trends

Energy Storage Market Outlook 2024

Battery Technologies, Grid Integration, and Market Dynamics

May 20, 2024

Executive Summary

The global energy storage market is experiencing unprecedented growth, with battery costs falling 90% since 2010 and grid-scale deployments accelerating worldwide.

Key Findings

1

Battery storage capacity to grow 15x by 2030

2

Lithium-ion costs continue declining at 8% annually

3

Grid-scale storage becoming economically viable

4

Alternative technologies gaining market share

Table of Contents

Executive SummaryPage 3
Technology LandscapePage 7
Market DynamicsPage 14
Grid IntegrationPage 21
Regional AnalysisPage 28
Future OutlookPage 35

Methodology

Analysis based on technology cost databases, project pipeline tracking, and interviews with 80+ storage developers and utilities.

Data Sources:

BNEF, GTM Research, EPRI, Wood Mackenzie, Primary Research

About the Author

李(M

李明 (Li Ming)

Energy Storage Technology Lead

Expert in clean energy markets with 10+ years of industry research experience.

Download Options

Topics Covered

Energy StorageBattery TechnologyGrid IntegrationMarket Trends

Report Details

Category:Technology Trends
File Size:1.8 MB
Pages:~50 pages
Format:PDF

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