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Applications: Battery Energy Storage Systems (BESS)

Page 162 of 518
Battery Report 2024, page 162: Applications: Battery Energy Storage Systems (BESS)

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Generative AI And Data Centers - Battery Market Size, Trends, and Competitive Landscape Given the massive electricity consumption of data centers, there is a growing push to ensure their operations are sustainable. As a result, major hyperscalers like Google, Apple, and Meta have committed to using only carbon-free energy by 2030, driving a significant shift away from diesel generators. Increasingly, operators are turning to battery energy storage systems (BESS) to reduce carbon footprints of data centers and AI applications.

GLOBAL DATA CENTER BATTERY MARKET SIZE 2023 - 2032 (USD BILLION):

DATA CENTER BATTERY MARKET TRENDS:

Evolving Battery Chemistries: From legacy lead-acid to nickel-zinc and lithium-ion, data center operators are exploring multiple options to ensure high reliability.

Uninterrupted Operations: Any downtime can be extremely costly, pushing demand for robust energy storage solutions.

Space Constraints: Facilities have limited footprints, making energy density and efficiency critical in maximizing power capacity.

Balancing Cost and Longevity: Operators carefully weigh factors like durability, total cost of ownership, and ease of maintenance to determine the best fit.

Source: McKinsey, EPRI, S&P Global, Global Market Insights

GLOBAL DATA CENTER BATTERY MARKET SHARE BY COMPANY, %

Extracted from the PDF; charts and images may read imperfectly.

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