- Which regions and countries have the most energy storage projects?
- Which storage OEMs make up the ESS market?
- How is energy storage capacity distributed across regions?
- What storage technologies dominate the ESS market?
- What are the different ESS applications and how do they differ between regions?
4Q 2023
Energy Storage Systems Tracker 4Q23
Energy Storage Capacity, Batteries, Storage OEMs, Storage Applications, Bulk Energy Storage, Load Leveling/Peak Shifting
The energy storage industry remains diverse in the shape and structure of markets around the world. 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, technology advances, and governments increasingly push for more renewable generation, markets are increasingly shifting towards large, utility scale energy storage deployments.
Several key factors continue to increase the global need for energy storage deployments. Expensive peaker plants that traditionally run on fossil fuels are being replaced with advanced battery energy storage systems. Distributed energy storage systems strengthen the resiliency of unstable grids. Storage opportunities allow solar and wind to continue dominating new energy capacity additions.
This Guidehouse Insights report provides a comprehensive resource of global energy storage projects. The Energy Storage Tracker 4Q23 includes a database of 6,744 energy storage projects and tracks the country, region, market segment, capacity, storage duration, status, storage OEM, applications, and storage type of each project. More than 400 new projects were added to this update. At the same time, many entries were revised as a part of a thorough quality check process to remove duplicates to maintain and enhance data quality.
Pages
14
Tables | Charts | Figures
17
Key Questions Addressed
Who Needs This Report
- Energy storage and smart grid technology companies
- Energy storage project developers
- Smart grid hardware and software providers
- Large industrial power users
- Government agencies
- Military agencies
- Non-governmental organizations
- Investor community
- Utilities
- Solar financing companies
Table Of Contents
How to Use This File: Energy Storage Systems Tracker 2Q23
Energy Storage Systems Tracker 4Q23
Energy Storage Projects by Region, World Markets: 2Q23
Top 10 Storage OEMs by Project Count, World Markets: 2Q23
New Operational Energy Storage Capacity by Region, World Markets: 2017-2023
Top 10 Energy Storage Types by Total Capacity, World Markets: 2Q23
Upcoming Energy Storage Projects by Total Capacity, World Markets: 2Q23
Energy Storage System Capacity by Region, World Markets: 2Q23
Top 10 Countries by ESS Capacity, World Markets: 2Q23
New Energy Storage Projects by Region, World Markets: 2017-2023
Energy Storage Systems Tracker 4Q23 Dashboard Database
Acronyms and Abbreviations
List of Charts and Figures
- Energy Storage Projects by Region
- Top 10 Storage OEMs by MW- All Project Stages
- New Operational Energy Storage Capacity by Region
- Top 10 Energy Storage Types by Total Capacity
- Upcoming Energy Storage Project Capacity by Region
- Energy Storage System Capacity by Region
- Top 10 Countries by ESS Capacity
- New Energy Storage Projects by Region
List of Tables
- Energy Storage Projects by Region, World Markets: 2Q23
- Top 10 Storage OEMs by Project Count, World Markets: 2Q23
- New Operational Energy Storage Capacity by Region, World Markets: 2017-2023
- Top 10 Energy Storage Types by Total Capacity, World Markets: 2Q23
- Upcoming Energy Storage Projects by Total Capacity, World Markets: 2Q23
- Energy Storage System Capacity by Region, World Markets: 2Q23
- Top 10 Countries by ESS Capacity, World Markets: 2Q23
- New Energy Storage Projects by Region, World Markets: 2017-2023
- Energy Storage Systems Tracker 4Q23 Dashboard Database
This report may be accessed via a subscription only.