"A new forecast shows a near-tripling of global storage capacity in 2021 compared to 2020, which also was a record year."
"Global energy storage development is increasing so quickly and on such a large scale that it’s sometimes difficult to grasp the significance of what’s happening.
The energy research firm Wood Mackenzie reports in its most recent forecast that, globally, 12.4 gigawatts of energy storage capacity will come online in 2021, up from 4.9 gigawatts in 2020, which was then a record. Almost all the new storage systems are batteries.
To help put that into perspective, the world reached a landmark 1 gigawatt of new energy storage capacity in 2016. Five years later, that record year is what happens in a good month.
The growth in energy storage is just getting started. Wood Mackenzie projects that new global storage capacity will increase each year, to 70 gigawatts in 2030."
Dan Gearino reports for Inside Climate News October 14, 2021.
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