Energy Storage Rides a Wave of Growth but Uncertainty Looms:
In this report, our lawyers outline key developments and emerging trends that will shape the energy storage market in 2025 and beyond.
HOME / The growth rate of lithium batteries and energy storage
In this report, our lawyers outline key developments and emerging trends that will shape the energy storage market in 2025 and beyond.
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.
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.
The global market for lithium-ion battery (LIB) is expected to grow from $117.8 billion in 2024 and is projected to reach $221.7 billion by the end of 2029, at a compound annual
Demand for lithium from the sector could rise 55% next year versus growth of just 19% from EVs, their data showed. Other industry watchers are more circumspect.
The lithium-ion battery market for long-term energy storage is experiencing exponential growth, driven by the increasing adoption of renewable energy sources,
Understanding the Energy Storage-Lithium Nexus The convergence of renewable energy integration, grid modernisation, and data centre expansion has created an
The global lithium-ion battery market is experiencing rapid growth, driven by increasing demand for electric vehicles (EVs), smartphones, and renewable energy storage.
This is a significant increase from 2025. It will also eat into market share held by?electric car batteries. But a potentially quicker-than-expected migration to sodium-ion
Battery storage in the power sector was the fastest growing energy technology in 2023 that was commercially available, with deployment more than doubling year-on-year.
By bridging the gap between academic research and real-world implementation, this review underscores the critical role of lithium-ion batteries in achieving decarbonization,
By bridging the gap between academic research and real-world implementation, this review underscores the critical role of lithium-ion batteries in achieving decarbonization,
PDF version includes complete article with source references.
Get technical specifications, ROI analysis tools, and pricing information for our BESS integration and energy storage solutions.
Av. de la Innovación 15
28042 Madrid, Spain
+34 91 133 2769
Monday - Friday: 9:00 AM - 6:00 PM CET