Browsing: energy storage

The LDES Council estimates that up to 8 terawatts of long-duration energy storage capacity will be needed globally by 2040,…

Global sodium-ion battery shipments reached 9 GWh in 2025, up 150% year over year, almost entirely driven by Chinese manufacturers…

The United States is entering a period of rapidly rising electricity demand at the same time federal policy is becoming less supportive of the lowest cost sources of new power generation.

Europe’s stationary battery market is expected to nearly quadruple this decade, with Wood Mackenzie forecasting annual demand to increase from 36 GWh in 2025 to approximately 138 GWh by 2030.

Spain’s electricity storage market is entering a critical regulatory phase as policymakers prepare the country’s first capacity auctions, currently expected in 2027.

Independent power producer Grenergy has secured a 1 TWh annual nighttime power purchase agreement for its Elena battery energy storage system in northern Chile, underscoring how large scale storage is increasingly becoming a commercial instrument rather than a grid balancing experiment.

Europe’s electric vehicle market has made significant gains in charging infrastructure, yet the user experience remains fragmented. Drivers frequently navigate multiple apps, authentication systems, and payment methods depending on the charging network, creating friction that industry stakeholders increasingly view as a barrier to broader EV adoption.

As global automakers reassess aggressive electrification targets amid weaker electric vehicle demand and mounting geopolitical pressures, Honda Motor Co. is redirecting billions of dollars toward hybrid technologies, internal combustion efficiency, and software platforms while preserving its longer-term commitment to carbon neutrality by 2050.

China aims to source half of its electricity generation from non-fossil fuels by 2030, up from a target of 42.3% in 2025, according to the country’s newly released 15th Five-Year Plan for Building a New Energy System.

The United States is on track to reach 200GW and 655GWh of cumulative energy storage capacity by 2031, nearly four times today’s installed base, according to Wood Mackenzie’s Q2 2026 US Energy Storage Monitor.