Global Energy Storage Market to Grow 15-fold from 27 GW to 411 GW by 2030: BNEF

387 GW of new energy storage capacity will be added globally in 2022-2030

October 17, 2022

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Energy storage installations worldwide are projected to reach a cumulative of 411 GW by the end of the decade, according to BloombergNEF (BNEF). In its 2H 2022 Energy Storage Market Outlook, BNEF saw an additional 13% of capacity by 2030 to its previous estimates.

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Gautamee Hazarika

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Global Energy Storage Market to Grow 15-fold from 27 GW to 411 GW by 2030: BNEF

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