The Future of Stationary Energy Storage is Led by Policy and Renewables, Reports IDTechEx

The services provided by the batteries are similar most of the time, although on a different scale. The services provided by the batteries are similar most of the time, although on a different scale. The report " Batteries for Stationary Energy Storage 2021-2031 " aims to provide the reader with a clear picture of the current status of the development of these two branches in the main countries currently adopting battery storage systems.  The future adoption of green policies will drive...

The services provided by the batteries are similar most of the time, although on a different scale.

The report "Batteries for Stationary Energy Storage 2021-2031" aims to provide the reader with a clear picture of the current status of the development of these two branches in the main countries currently adopting battery storage systems. 

The future adoption of green policies will drive the adoption of renewable energies in both segments of the market, although other parameters like grid infrastructure and the energy sources adopted by countries (e.g. nuclear, coal, and lignite power plant) will play an important role in the adoption of energy storage systems. 

To better understand the future evolution of the energy storage market, IDTechEx performed an in-depth analysis of the main countries adopting energy storage systems (including the U.S., China, Japan, Australia, Germany, and others), investigating the latest policies in terms of renewable energy and energy storage, as well as interviewing leader companies in the field of energy storage, to understand the market approach and the possible effect of COVID-19.

The result of this analysis shows a similar but different scenario among the investigated countries. The renewable energy target, with the current status of the grid infrastructure, in consideration of the different types of energy sources adopted by the country, defined a specific scenario for every country. As well as the differences, a clear point has been identified: the stationary storage market is only in its early stages, from both technical and policy aspects.

For more information on this report, please visit www.IDTechEx.com/ses or for the full portfolio of Energy Storage research available from IDTechEx please visit www.IDTechEx.com/Research/ES.

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