Energy storage: 5 trends to look for in 2026 | Wood Mackenzie
Regional dynamics demonstrate energy storage markets reaching maturity. Explore this evolution and our analysis of the key global themes to watch in the year ahead.
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Regional dynamics demonstrate energy storage markets reaching maturity. Explore this evolution and our analysis of the key global themes to watch in the year ahead.
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Explore how energy storage growth is driving demand for battery materials, copper, aluminium, and vanadium in the clean energy transition.
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With demand for energy storage soaring, what''s next for batteries—and how can businesses, policymakers, and investors keep pace? Explore the Full "Energy Storage" Deck (PDF)
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A boom in battery storage has bolstered the demand outlook for lithium in 2026, driving hopes for an accelerated turnaround for an industry struggling with oversupply.
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When renewable power production exceeds demand, batteries store excess electricity for later use, therefore allowing power grids to accommodate
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Mainland China accounts for most of the global energy storage demand, driven in the near term by regional requirements for new utility-scale wind and solar projects to include energy
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With demand for energy storage soaring, what''s next for batteries—and how can businesses, policymakers, and investors keep pace? Explore the Full "Energy Storage" Deck
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1.1 Background As energy systems evolve from fossil fuels to renewable resources, battery storage resources are playing an increasingly important role in maintaining the flexibility and
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The conventional power supply regulation capacity is difficult to cope with renewable energy power fluctuations, which will greatly increase the difficulty of power generation planning and
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When renewable power production exceeds demand, batteries store excess electricity for later use, therefore allowing power grids to accommodate higher shares of renewable energy and
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Batteries account for 90% of the increase in storage in the Net Zero Emissions by 2050 (NZE) Scenario, rising 14-fold to 1 200 GW by 2030. This includes both utility-scale and behind-the-meter battery
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These emerging technologies hold the potential to overcome the limitations of lithium-ion batteries and address the increasing demand for more efficient and environmentally friendly energy
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