Applications: Battery Energy Storage Systems (BESS)
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Sources and links on page 138 (8)
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- https://about.bnef.com/blog/global-energy-storage-market-set-to-hit-one-terawatt-hour-by-2030/
- https://www.energy-storage.news/global-bess-deployments-soared-53-in-2024/
- https://www.woodmac.com/news/opinion/tracking-the-trajectory-of-the-global-energy-storage-market/#:~:text=Global%20energy%20storage%20deployment%20surged,grow%2027%2Dfold%20by%202030.
- https://www.woodmac.com/news/opinion/the-growth-and-growth-of-the-global-energy-storage-market/
- https://about.bnef.com/blog/1h-2023-energy-storage-market-outlook/
- https://about.bnef.com/blog/global-energy-storage-market-records-biggest-jump-yet/
- https://about.bnef.com/blog/headwinds-in-largest-energy-storage-markets-wont-deter-growth/
- https://rhomotion.com/
Text on page 138
Global BESS Deployments Soar The “Decade of Energy Storage” continues to exceed expectations, with 69 GW / 169 GWh of new Battery Energy Storage Systems (BESS) installed in 2024. This brought cumulative global BESS capacity to 150 GW / 363 GWh, led by Li-ion batteries which represented over 98% of battery installations in 2024. GLOBAL BESS POWER CAPACITY ADDITIONS (GW) GLOBAL CUMULATIVE BESS POWER (GW)
GLOBAL BESS ENERGY CAPACITY ADDITIONS (GWH) GLOBAL CUMULATIVE BESS ENERGY CAPACITY (GWH)
Chart sources: Compiled by PowerSwitch, based on publicly available data from BNEF and Woodmac: 2020 (Cumulative), 2020, 2021, 2022, 2023, 2024 Li-ion fraction: Rho Motion (via Energy Storage News)
Extracted from the PDF; charts and images may read imperfectly.
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