MARKETS

Battery storage to jump 10-fold over remainder of decade

RESOURCES consultancy Rystad Energy projects global battery storage installations will reach 421 gigawatt-hours per annum by the end of this decade, representing a ten-time growth in current yearly supplements.

Yiying Li

BESS - Rystad Energy

Battery energy storage systems (BESS) are designed to store a surplus of electrical energy and release it for upcoming demand to address power intermittency challenges. This is commonly referred to as...

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