2Q 2020

Energy Storage Tracker 2Q20

Market Share Data, Industry Trends, Market Analysis, and Project Tracking by World Region, Technology, Application, and Market Segment

The global energy storage industry has continued to mature rapidly in the past 2 years. Although select countries have seen major increases in new projects, others are just beginning to develop substantial market opportunities. The industry remains diverse in the shape and structure of markets around the world, yet we are beginning to see repeating trends in the early adopter markets that have grown and become more mature. A key global trend is that the early stages of a market’s development typically include projects that are smaller and focused on single applications, often grid stability services such as frequency regulation. As markets mature, such as in the US, Germany, and Australia, new projects tend to shift to target more substantial multi-revenue-stream opportunities for capacity and reserve services, including combined renewables plus storage plants. 

Several key factors continue to increase the global need for energy storage deployments. The restructuring of electricity markets is enabling valuation of the flexible benefits of energy storage deployments. Variable generation sources such as solar PV and wind that are connected to power grids will require increased load balancing against demand. Areas with unstable grids and frequent outages will benefit from distributed energy storage systems (DESSs) and microgrids with storage. Load profiles will play a critical role in the structure and operation of the power grid, which will influence the development of energy storage markets. 

This Guidehouse Insights report provides a comprehensive resource of global energy storage projects. The Tracker includes a database of 8,675 projects and tracks the country, region, market segment, capacity, status, technology vendor, systems integrator, applications, funding, investment, and key milestones of each project. It also includes an analysis of the technology choice within each major region for energy storage, analysis of the leading regions for energy storage capacity and projects, and market share analysis for technology vendors for deployed and future projects.



Pages 14
Tables | Charts | Figures 17
  • Which energy storage systems integrators have the largest market share?
  • Which energy storage technology vendors have the largest market share for deployed projects and for pipeline projects?
  • How many energy storage projects are currently underway worldwide?
  • Which regions are leading in terms of deployed market capacity and number of projects in the energy storage sector?
  • What is the technology choice within each region?
  • How many new energy storage projects have come online so far in 2020?
  • Energy storage technology vendors
  • Smart grid controls and software companies
  • Energy engineering, procurement, and construction (EPC) firms
  • Inverter companies
  • Solar financing companies
  • Utilities
  • Investor community
  • Instructions
  • Energy Storage Tracker 2Q20
  • Energy Storage Projects by Region, World Markets: 2Q20
  • Top 10 Storage OEMs by Project Count and Market Share, World Markets: 2Q20
  • New Operational Energy Storage Capacity by Region, World Markets: 2016-2022
  • Top 10 Energy Storage Types by Total Capacity, World Markets: 2Q20
  • Energy Storage Segments by Total Capacity, World Markets: 2Q20
  • Energy Storage System Capacity by Region, World Markets: 2Q20
  • Top 10 Countries by ESS Capacity, World Markets: 2Q20
  • New Energy Storage Projects by Region, World Markets: 2016-2022
  • Energy Storage Tracker 2Q20
  • Acronyms and Abbreviations
  • Energy Storage Projects by Region, World Markets: 2Q20
  • Top 10 Storage OEMs by Project Count and Market Share, World Markets: 2Q20
  • New Operational Energy Storage Capacity by Region, World Markets: 2016-2022
  • Top 10 Energy Storage Types by Total Capacity, World Markets: 2Q20
  • Energy Storage Segments by Total Capacity, World Markets: 2Q20
  • Energy Storage System Capacity by Region, World Markets: 2Q20
  • Top 10 Countries by ESS Capacity, World Markets: 2Q20
  • New Energy Storage Projects by Region, World Markets: 2016-2022
  • Energy Storage Tracker 2Q20
  • Energy Storage Projects by Region, World Markets: 2Q20
  • Top 10 Storage OEMs by Project Count and Market Share, World Markets: 2Q20
  • New Operational Energy Storage Capacity by Region, World Markets: 2016-2022
  • Top 10 Energy Storage Types by Total Capacity, World Markets: 2Q20
  • Energy Storage Segments by Total Capacity, World Markets: 2Q20
  • Energy Storage System Capacity by Region, World Markets: 2Q20
  • Top 10 Countries by ESS Capacity, World Markets: 2Q20
  • New Energy Storage Projects by Region, World Markets: 2016-2022