Energy Storage Enters the 100-Gigawatt Era: Three Things to Know (opens in new tab)

Energy storage is having its moment. Global deployment has set new records every year since 2014 and exceeded 100 gigawatts of annual additions for the first time in 2025. BloombergNEF expects the market to continue growing, although the ongoing conflict in the Middle East could have varied implications for the industry. The chemistries used in stationary storage are also set to evolve this decade, as more non-lithium batteries gain share.