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.
Executive summary – Batteries and Secure Energy
Strong growth occurred for utility-scale battery projects, behind-the-meter batteries, mini-grids and solar home systems for electricity access, adding a total of 42
Global energy storage market surpasses 100 GW
The global energy storage market achieved substantial 43% year-on-year growth in 2025, with 106 GW of new capacity added worldwide. This
Global Energy Storage to Hit 94 GW in 2025, Says BNEF
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, policy shifts and LFP dominance will drive
Global energy storage deployments on track for record
BNEF has estimated that 92GW and 247GWh of energy storage, excluding pumped hydro, will be installed worldwide in 2025, a 23% increase in
Global Energy Storage Boom: Three Things to Know
Global energy storage additions are on track to set another record in 2025 with the two largest markets – China and US – overcoming adverse policy shifts and tariff turmoil.
China''s power reforms, global data centre buildout
The surge in sales is driven by data centres and renewables domestically, as well as by Chinese reforms and subsidies that are boosting
Advancing energy storage: The future trajectory of lithium-ion battery
With continued advancements, lithium-ion batteries will remain a cornerstone of the global energy transition, requiring collaborative efforts among researchers, industry stakeholders, and
New report: EU installs 27.1 GWh of new batteries in 2025 as utility
27.1 GWh of new battery capacity installed in 2025, marking the EU''s 12th consecutive record year for battery storage deployment. 55% of all new capacity came from utility-scale systems,
Beyond Lithium: The Next Frontier In Energy Storage
Global demand for energy storage is surging. Lithium-ion leads today, but new contenders like sodium-ion, flow, and gravity systems are
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