Global Energy Storage: 2017 Year-in-Review and 2018-2022 Outlook

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Electrical energy and power supply source concept, background with batteries and accumulator battery with blue charging level closeup view

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Global Energy Storage: 2017 Year-in-Review and 2018-2022 Outlook

April 13, 2018 Anand Gupta

Order- Seeking for the Condonation of Delay of 273 days in filing the Appeal as against the Impugned Order by CERC

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In the matter of adoption of Transmission Charges with respect to the transmission system being established by Khavda IV-E2 Power Transmission Limited - EQ

April 13, 2018 Anand Gupta

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In the matter of CERC (Procedure, Terms and Conditions for Grant of Transmission License and other related matters) Regulations to Khavda IV-E2 Power Transmission Limited - EQ

April 13, 2018 Anand Gupta

APEPDCL Issues Tender to Procure 600 Bi-directional Solar Net Meters

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APEPDCL Unveils Plan to Drive Extensive Solar Power Adoption Across Andhra Pradesh - EQ

April 13, 2018 Anand Gupta

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GRIDCO drives renewable energy awareness at Baliyatra 2024 - EQ

April 13, 2018 Anand Gupta

Sisi calls to expand plans in enhancing the role of renewable energy

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SMVDU hosts workshop on ‘Energy Efficiency & Renewable Energy’ - EQ

April 13, 2018 Anand Gupta

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Navratna stock jumps 7% after signing MoU with Govt. of Rajasthan for renewable energy projects - EQ

April 13, 2018 Anand Gupta

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India's Renewable Energy Share Reaches 44% in Power Capacity Mix for Q2 2024 - EQ

April 13, 2018 Anand Gupta

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ACME Cleantech & BASF Partner for Green Ammonia Supply to Europe - EQ

April 13, 2018 Anand Gupta

Britain looks to widen renewables support scheme

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Masdar, Silk Road seal $2.8bn MoU - EQ

April 13, 2018 Anand Gupta

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NTPC Green’s $1.2 billion IPO closes fully subscribed, India focuses on renewable energy need - EQ

April 13, 2018 Anand Gupta

2017 was one of the most exciting years yet for energy storage, as several markets saw formative policy developments, interesting business models materialize and a rush of corporate merger and acquisition activity. A total of 1.4 gigawatts and 2.3 gigawatt-hours of energy storage was deployed globally in 2017, with Australia taking the pole position in terms of power capacity at 246 MW, while the U.S. market led the world in terms of energy capacity at 431 MWh.

Annual Energy Storage Deployments by Market, 2017 (MW and MWh)

This report provides an overview of changes in the global energy storage markets in 2017, as well as expectations and outlooks for 2018 through 2022.

The full report is available to subscribers of GTM Research’s Energy Storage Service which now includes global project tracking, forecasts by country by segment, and annual access to storage market reports. In addition, you’ll have the ability to interface with our Energy Storage Analysts and get a pass to GTM’s Energy Storage Summit.