From ESS News
While progress has been steady, for many years stationary battery applications have played the supporting role to the EV headliner. During this period, lithium ion batteries were produced primarily for mobility and consumer applications, with either utility-scale or home battery systems were somewhat of an afterthought producers.
2024 saw that dynamic shift, with accelerating battery deployment attracting the attention of battery producers as they expanded their operations into battery system integration.
The trend is borne out in BloombergNEF data. The market analyst finds that stationary battery installations are comprising an increasing share of global battery deployments. By 2035, BloomebergNEF expects stationary applications to account for 16% of batteries deployed globally, up from 6% in 2020.
To continue reading, please visit our ESS News website.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.