Trends in the distributed energy storage industry

Why is distributed storage increasing?

Distributed storage will continue to increase as more households aim to hedge against increasing retail prices, reduce their carbon footprint, and have back-up power available and permitting is becoming more challenging as battery fire safety comes under scrutiny. Our latest global energy storage report explores all these themes and more.

Are distributed energy storage deployments slow growing?

As shown in Chart 3.6, deployments of distributed (behind-the-meter) energy storage are expected to be slow growing, and limited overall in the coming decade. While the region does have a less reliable grid compared to developed regions, there have been to date limited deployments of distributed

What is the future of energy storage?

Chart 3.1 provides forecasts for new energy storage capacity and revenue for each of the six major developing regions identified in this report. The development of distributed and local energy resources, including renewables and energy storage, can provide significant economic growth, jobs, and a sustainable energy future in emerging markets.

What makes a country's energy storage potential unique?

Each country’s energy storage potential is based on the combination of energy resources, historical physical infrastructure and electricity market structure, regulatory framework, population demographics, energy-demand patterns and trends, and general grid architecture and condition.

What is the market for energy storage in South Asia?

The market for energy storage in the South Asia region is dominated by India. (See Chart 3.4). In India, several key factors are driving the market for energy storage, perhaps most notably the ambitious National Solar Mission.

Can emerging markets benefit from energy storage?

In emerging markets around the world, there is only limited experience with energy storage, yet vast potentials exist to benefit from the technology. Many of these markets share similar energy market dynamics and needs for new resources.