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06 Feb 2023  |  Global  |  Market Research

Battery Energy Storage Growth Opportunities

Renewed Governmental Support for Clean Energy Transition Propels an Already Fast growing Industry

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Global battery energy storage (BES) deployment grew 51.8% in 2022 from 2021, with 17.54 GW/38.2 GWh commissioned. 2022 was a historic turning point in the clean energy transition. Despite constraints in the supply of critical minerals and materials, shipping, and sitting and permitting processes, BES is a burgeoning technology poised for accele...

This edition of the Energy & Power Systems (EPS) TOE features information about the innovations in hybrid AI-physics solar forecasting models, AI-powered solar forecasting, and sky-camera enabled digital technology, energy market forecasting, grid reliability enhancement, BESS management, among others.The Energy and Power Systems TOE provides insig...

An unprecedented surge in electricity demand from AI workloads, hyperscale data centers, and distributed computing is reshaping the critical power industry. This shift is elevating power infrastructure from a support function to a strategic enabler of digital growth. In 2026, industry priorities are increasingly centered on securing reliable power ...

The meter data management (MDM) market is emerging as a critical component of modern utility operations, driven by the rapid deployment of smart meters, increasing grid digitalization, and the growing need for accurate, real-time energy data. MDM solutions enable utilities to collect, validate, store, analyze, and manage vast volumes of meter data ...

Quasi-solid-state batteries (QSSBs) are emerging as a promising next-generation lithium battery technology that bridges the gap between conventional lithium-ion batteries (LIBs) and all-solid-state batteries (ASSBs). By integrating a confined liquid electrolyte within a polymer, inorganic, or hybrid solid framework, QSSBs combine the high ionic con...

Utilities are entering a phase of selective, use-case-driven investment in meter data management (MDM), where funding is tied to measurable operational and commercial outcomes rather than platform modernization alone. The most consistent priorities in which utilities are willing to invest include interval and complex billing/settlement, outage data...

Solid-state batteries are emerging as a key technology for the future of electric vehicles and grid storage, offering enhanced safety, energy density, durability, and thermal stability compared with conventional lithium-ion systems. Advances in inorganic, polymer, and hybrid solid electrolytes, lithium-metal anodes, and next-generation cathodes are...

Supercapatteries are rapidly emerging as advanced electrochemical energy storage (EES) systems that bridge the energy–power gap between conventional batteries and supercapacitors. By combining capacitive and faradaic charge storage mechanisms, they deliver enhanced energy density while maintaining high power capability, fast charge–discharge rates,...

Technological Advancements in Solid-state Batteries for EVs The trend of decarbonization of the global automotive sector has been the main factor driving the research on novel battery materials, owing to their prominence as a key enabling technology for the electrification of the transportation sector. Li-ion batteries have become synonymous to EV...