TSEP#175 Energy Storage Boom: Global Growth Rates and New Markets up to 2030

Last year marked a turning point with record additions in the
energy storage industry, and the outlook to 2030 is even more
impressive. Experts at BloombergNEF forecast annual growth of
27%, with annual additions expected to reach 110 GW or 372 GWh by
2030, more than two and a half times the 2023 installations. This
momentum is fueled by targeted subsidies and policy reforms that
favor energy storage projects. New markets are opening up around
the world that are increasingly relying on energy storage
solutions to meet their capacity requirements. The Asia-Pacific
region in particular, led by China, is seeing strong growth,
accounting for almost half of global access. But what is actually
happening deep in the West, in South America, but also in Latin
America? We explore this question in this episode with Markus
Vlasits, NewCharge Energy and Patricia Tatto, ATA Renewables.


Timeline:




03:13 Overview of the global energy storage market? What are
the most important trends and innovations at the moment?




11:27 What is the state of manufacturing in the global energy
storage market? How is the market currently structured, how
are the locations in Europe and South/Central/North America
developing?




23:22 Deep Dive Mexico: How do the political and regulatory
frameworks in Mexico influence the energy storage market?




25:17 Deep Dive South America: What are the special features
of the energy storage market in South America, particularly
in Chile and Brazil?




31:10 Global Technological advances: What new technologies or
innovations in energy storage do you find particularly
promising?




Questions or suggestions? Then send us an email to
podcast@thesmartere.com


Learn more about JinkoESS here: https://jinkosolar.eu/ess/