'Inflection point': Global energy storage market set to expand 13-fold by 2024

clock • 2 min read

Strong growth is predicted by energy consultancy Wood Mackenzie Power & Renewables, reinforcing a similar forecast by BNEF last year.

The global energy storage market is poised to expand 13-fold by 2024, according to the latest analysis from energy consultancy Wood Mackenzie Power & Renewables, which predicts the sector is well positioned...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Energy

'Zero Bills': Octopus and gs8 break ground on latest green housing development

'Zero Bills': Octopus and gs8 break ground on latest green housing development

Housebuilder and energy firm start work to build 113 homes at 'UK's largest' Zero Bills development in Essex

Stuart Stone
clock 19 February 2025 • 3 min read
Diageo to pour millions into electrification of Cameronbridge Distillery

Diageo to pour millions into electrification of Cameronbridge Distillery

Facility producing Gordons, Tanqueray and Smirnoff to switch to green electricity, saving an estimated 33,000 tonnes of CO2 emissions per year

Stuart Stone
clock 19 February 2025 • 2 min read
Lightsource bp confirms PPAs totalling 1.3GW in 2024

Lightsource bp confirms PPAs totalling 1.3GW in 2024

Renewable energy firm reveals landmark year for corporate Power Purchase Agreements, after agreeing 10 deals spanning three continents last year

Stuart Stone
clock 19 February 2025 • 4 min read