Energy Storage Exhibition 2025 in Munich: Your Gateway to
Over 1,700 exhibitors from 55 countries crammed into Munich''s exhibition halls like batteries in a Tesla Powerwall. The Energy Storage Exhibition 2025 isn''t just another trade show – it''s
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How big will energy storage be in 2025?
BloombergNEF forecasts a record 94 GW (247 GWh) of utility-scale storage in 2025—a 35% rise—driven by China's storage mandates. US tariffs, policy shifts and LFP dominance will drive growth to 220 GW/972 GWh by 2035. The global energy storage sector is on track for another record year in 2025 as utility-scale projects expand into new regions.
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 is the future of battery energy storage?
Demand for energy storage continues to escalate, the global battery energy storage (BESS) landscape is poised for significant installation growth and technological advancements.
Is energy storage on track for a record year in 2025?
The global energy storage sector is on track for another record year in 2025 as utility-scale projects expand into new regions. BloombergNEF (BNEF) forecasts that developers will add 94 gigawatts (247 gigawatt-hours) of battery capacity this year, a 35% increase over 2024 and the highest annual total to date (excluding pumped hydro).
Will Saudi Arabia become the world's 7th largest battery storage market?
Saudi Arabia is set to become the world's 7th largest battery storage market by 2025, according to Wood Mackenzie's forecasts. The kingdom has already developed a 13 GWh project pipeline with plans to reach 70 GWh by 2030. Other emerging markets are following suit.
How much battery capacity will developers add in 2035?
BloombergNEF (BNEF) forecasts that developers will add 94 gigawatts (247 gigawatt-hours) of battery capacity this year, a 35% increase over 2024 and the highest annual total to date (excluding pumped hydro). Through 2035, BNEF expects the market to grow at a 14.7% compound annual rate, reaching annual additions of 220 GW/972 GWh.