What to expect from the power sector in 2025?
GlobalData’s recent report outlines what to expect from the power sector in 2025. Credit: Amgun via Getty Images. As the world transitions toward cleaner energy sources and grapples with critical political shifts, 2025 is shaping up to be a pivotal year for the power sector.
What will storage be like in 2025?
Europe saw a pivotal moment when the grid-scale segment experienced a significant surge, surpassing the distributed segment for the first time. In Latin America, momentum was built as storage deployments increased by 42%. In 2025, emerging markets for storage will be on the rise.
What are energy storage trends & startups?
The Energy Storage Trends & Startups report highlights top trends such as lithium alternatives, hydrogen economy, and supercapacitors, among others, that will transform the energy storage sector by 2025.
Will battery storage grow in 2025?
In the United States, the 2022 introduction of the Inflation Reduction Act included an investment tax credit for stand-alone storage. Since then we have seen huge growth in the sector in the US, and we expect to see this to continue into 2025, with several large-scale battery storage projects set to complete in 2025.
What are the trends in energy storage solutions?
Currently, the energy storage sector is focusing on improving energy consumption capacities to ensure stable and economic power system operations. Broadly, trends in energy storage solutions can be categorized into three concepts:
What will dominate the global power landscape in 2025?
According to Power Technology parent company GlobalData’s Power Predictions 2025 report, several key themes are set to dominate the global power landscape this year, from geopolitical shifts affecting supply chains to advancements in electric vehicles (EVs), energy storage, nuclear power and hydrogen.
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Grid-scale storage is the fastest-growing energy technology
In 2025, some 80 gigawatts (gw) of new grid-scale energy storage will be added globally, an eight-fold increase from 2021. Grid-scale energy storage is on the rise thanks to four potent forces.
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