Global Energy Storage Market Remains Resilient Amid US and China Policy Changes

Utility-scale projects and new markets are driving record 2025 growth

June 24, 2025

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The global energy storage capacity additions are expected to grow by 35% in 2025 to 94 GW or 247 GWh, according to BloombergNEF’s (BNEF) latest outlook. BNEF forecasts a compound annual growth rate of 14.7% between 2025 and 2035, with yearly additions reaching 220 GW or 972 GWh by 2035.

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Global Energy Storage Market Remains Resilient Amid US and China Policy Changes

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