In 2019, battery cost projections were updated based on publications that focused on utility-scale battery systems (Cole and Frazier 2019), with a 2020 update published a year later (Cole and Frazier 2020). This report updates those cost projections with data published
Read MoreHow rapidly will the global electricity storage market grow by 2026? Notes Rest of Asia Pacific excludes China and India; Rest of Europe excludes Norway, Spain and Switzerland.
Read MoreAccording to statistics from the CNESA global energy storage project database, by the end of 2020, total installed energy storage project capacity in China
Read MoreIn 2016, energy storage was included in China''s 13th Five-Year Plan national strategy top 100 projects. Energy storage has officially entered the national
Read MoreThe newly commissioned scale is 8.0GW/16.7GWh, higher than the new scale level last year (7.3GW/15.9GWh). The newly-added projects were mainly put into
Read MoreIn the ''Guidance on New Energy Storage'', energy storage on the power side emphasizes the layout of system-friendly new energy power station projects, the planning and construction of large-scale
Read MoreExpert commentators like Navigant Research estimate that energy storage will be a US$50 billion global industry by 2020 with an installed capacity of over 21 Gigawatts in 2024.
Read MoreIEA analysis based on Clean Horizon, BloombergNEF, China Energy Storage Alliance and Energy Storage Association.
Read Morepart of the Energy Storage Grand Challenge, Pacific Northwest National Laboratory (PN NL) is leading the development of a detailed cost and performance database for a variety
Read MoreAs of the end of March 2020 (2020.Q1), global operational energy storage project capacity (including physical, electrochemical, and molten salt thermal energy storage) totaled 184.7GW, a growth of 1.9%
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