2019-08-22
http://w3.windfair.net/wind-energy/news/31225-global-storage-energy-storage-market-markets-growth-research-study-report

Global Storage Market to Grow 13-fold by 2024

All Images: Wood MackenzieAll Images: Wood Mackenzie
2018 was already a record-breaking year

Official Press Release Wood Mackenzie:

Global storage market to grow from 12 GWh to 158 GWh by 2024

Wind Industry Profile of
Global storage market to grow from 12 GWh to 158 GWh by 2024

Energy storage will become a key power grid asset

The global energy storage market will expand 13-fold by 2024, according to new research from Wood Mackenzie Power & Renewables. According to the report, ‘Global energy storage outlook 2019: 2018 year-in-review and outlook to 2024’, energy storage has been creeping into decarbonising markets over the past 5 years. Commenting on the report, Ravi Manghani, Wood Mackenzie Power & Renewables Research Director, said: “From 2013 to 2018, we saw fledgling market growth. This was reflected in a global GWh compound annual growth rate (CAGR) of 74%, although we did observe relatively small deployment totals of 7GW/12GWh for the period. “Nevertheless, these developments... ... More: Official Press Release Wood Mackenzie

Keywords:
global, storage, energy storage, market, markets, growth, research, study, report







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