Energy Storage Technologies & Markets - 2022-2030 – With Corona & COP26 Impacts

The 326-page Energy Storage Market & Technologies – 2022-2030 – With Corona & COP26 Impacts report is based on bottom-up research of 311 Submarkets of the Energy Storage industry. The report thoroughly analyzes 5 technologies, 5 regional, 5 revenue sources and 60 national Energy Storage related markets. It is an open secret that Energy Storage is a Game Changer in the Electric Industry.

To address peak demand, Solar, Wind, and several other electric energy sources require large scale investments in energy storage facilities

Energy Storage Technologies

According to the report:

The 2026 market would reach $125 billion
Grid-Scale Battery Storage will dominate the 2024-2030 storage systems market
Following Russia’s invasion of Ukraine, governments consider sweeping changes to planning laws and investments to improve their energy security
Despite the raw material price rising, battery costs continued to drop. Globally, capacity additions continue to surpass projections with no slowdown in sight. While most of the expansion has been in utility-scale storage projects, residential, microgrids and commercial storage projects continue to grow steadily.
The energy storage Industry will achieve by 2030 the following Levelized Cost of Storage (LCOS) targets:
A $0.05/KWh LCOS for long-duration stationary applications, a 90% reduction from 2020 baseline costs. Realizing this LCOS would enable commercial feasibility for energy storage, including load supply during peak demand and other applications to ensure energy reliability.
An $80/KWh cost of production for a battery pack by 2030 for 500 Km range electric cars, a 43% reduction from the current cost of $140 per KWh. It would lead to cost-competitive electric vehicles and stationary storage applications.
A $200/KWh LCOS for Flow batteries – a 45% reduction from the 2020 baseline.
The U.S. and China (which emitted 36% of the world’s GHG in 2021) will spend >37% of the global Energy Storage expenditure.
In 2021 pumped storage hydropower dominated (>96%) in total megawatts deployed
The private sector will finance > 90% of the market.

Key market drivers are:

To reach Net-Zero, we must invest in Energy Storage technologies
Energy storage is a must-have energy source at times of peak power demand
To address the grid peak demand, Solar, Wind, and several other electric energy sources require large scale investments in energy storage facilities
The Russian – Ukraine war presents a threat to Europe’s energy security, resulting in accelerated investments in renewable energy and storage projects.
Investors’ eagerness for financing the green revolution
The multi-trillion USD market offers dozens of business opportunities to the private sector
Unprecedented public support (> 60%) drives governments and the private sector to invest in the green revolution.
Multi-Billion investments in EV battery manufacturing and R&D will reduce the price of battery-based storage installations
Government subsidies and investments
This market report is the utmost comprehensive review of the Energy Storage market research today.

Questions answered in this report include:

What will the 2022-2030 Energy Storage market size be?
How do COP26 & Corona affect the Energy Storage market?
Which submarkets provide attractive business opportunities?
What drives customers to invest?
What are the technologies trends?
What are the challenges to market penetration & growth?
How much are countries expected to invest in Energy Storage?

What does the Energy Storage Market & Technologies – 2022-2030 – With Corona & COP26 Impacts report give you?



A. The Energy Storage market size data is analyzed via four independent perspectives.

1. By 5 Energy Storage Technologies:

Grid-Scale Battery Storage
Thermal Energy Storage
Compressed-Air Energy Storage
Pumped Storage Hydropower
Other Energy Storage Technologies (e.g., Mechanical Storage, EV & Residential battery storage)
2. By 5 Revenue Source Markets:

Infrastructure
Product Sales
Maintenance
Upgrades
Other
3. By 5 Regional Markets:

North America
Latin America
Europe
Middle East & Africa
Asia Pacific
4. By 60 National Markets:

The U.S.
Canada
Argentina
Brazil
Chile
Colombia
Cuba
Ecuador
Mexico
Peru
Puerto Rico
Venezuela
Rest of Latin America
Austria
Belarus
Belgium
Bulgaria
Czech Republic
Denmark
Finland
France
Germany
Greece
Hungary
Italy
Netherlands
Norway
Poland
Portugal
Romania
Russia
Serbia
Slovakia
Spain
Sweden
Switzerland
UK
Ukraine
Rest of Europe
Algeria
Egypt
Iran
Israel
Kuwait
Saudi Arabia
South Africa
Turkey
UAE
Rest of MEA
Australia
China
India
Indonesia
Japan
Kazakhstan
Philippines
South Korea
Thailand
Vietnam
Rest of Asia-Pacific
B. Detailed market analysis frameworks are provided, including:

Market drivers & inhibitors
Business opportunities
SWOT analysis
Competitive analysis
Business environment
The 2020-2030 market
Industry Value Chain
Financing & Loans
Governmental R&D Funding
C. Companies mentioned in the report:

ABB
Abengoa Solar
AEG Power Solutions
AES Energy Storage LLC
ALACAES
Alstom Power, Inc.
Apex CAES
Babcock Power
Baltimore Aircoil Company
Bath County Pumped Storage
Burns & Mcdonnel
BYD
Calmac
Castaic Power Plant
Chaira Hydropower Cascade
Climate Change Technologies
DC Pro Engineering
Delta Electronics, Inc.
Dinorwig Power
DN Tanks
Entracque Power
General Compression
General Electric
Grand`Maison
Guangdong Pumped Storage
Hitachi
Huizhou Pumped Storage
Hydrostor Inc.
Ice Energy Technologies Inc.
Ingula Pumped Storage Scheme
Johnson Controls
La Muela II Pumped Storage
LG Chem
Liyang Pumped Storage
Ludington
Magnum Development LLC
MAN SE
Mingtan
NEC Corporation
NG Advantage
Pacific Gas and Electric Company
Panasonic
Presa de Aldead
Primus Power
Qingyuan
Raccoon Mountain
Samsung SDI
Sardar Sarovar
Sener Group
Shin Takasegawa
Siemens AG
Solar Turbines, Inc.
Storelectric Ltd.
Tesla
Tianhuangping
Toshiba
TrinaBESS
Vattenfall


D. 35 Traded Companies are mentioned in the report

Why Buy:

Bottom-up Research. The report provides you with exhaustive bottom-up research of 311 Energy Storage related markets.

Unique Analysts Team. Our multilingual team brings 40 years of hands-on record in the industry, corporate positions of chairperson, CEO, CTO, chief scientist, VP R & R&D, VP marketing, $8 B of products commercialization. The team published 352 market reports.

Extensive Research. The report research team conducted interviews with dozens of experts. It reviewed over 380 reports, documents and papers published by other experts (including, for example, DOE, IEA, IRENA, the UN, the White House, the EU, US Congress CRS, the UK, German, PRC, Indian and other government agencies, SEC filings, investors’ presentations and more).

Multi-Source Intelligence Verification. With a highly fragmented market, we addressed each dollar spent. The global warming mitigation market was analyzed and crosschecked via 4 orthogonal viewpoints: technologies and services, countries, revenue sources and regions.

COP26 Revision. To guarantee the accuracy of the data and market size forecasts, we revised the report by following and analyzing the Glasgow COP26 meetings deliberations and investment pledges.

Money Trail. The report is the only study of ‘when?’, ‘where?’, ‘why?’ and ‘how much?’ of the cumulative 2022-2030 $2.21 trillion go to market.

Report Excel. Once you buy the report, you can get for a nominal price its Excel version. Show more