2019-10-16
http://w3.windfair.us/wind-energy/news/32225-bloombergnef-energy-storage-storage-battery-outlook-forecast-research-boom-decade

BloombergNEF: Energy Storage Boom Will Come

Image: PixabayImage: Pixabay
The installations of batteries and storage facilities around the world will multiply exponentially in the next decade, says the latest BloombergNEF forecast

Official Press Release BloombergNEF:

Energy Storage Investments Boom As Battery Costs Halve in the Next Decade

Wind Industry Profile of
Energy Storage Investments Boom As Battery Costs Halve in the Next Decade

Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF).

This 122-fold boom of stationary energy storage over the next two decades will require $662 billion of investment, according to BNEF estimates. It will be made possible by further sharp declines in the cost of lithium-ion batteries, on top of an 85% reduction in the 2010-18 period. BNEF’s Energy Storage Outlook 2019, published today, predicts a further halving of lithium-ion battery costs per kilowatt-hour by 2030, as demand takes off in two different markets – stationary storage and electric vehicles. The report goes on to... ... More: Official Press Release BloombergNEF

Keywords:
BloombergNEF, energy storage, storage, battery, outlook, forecast, research, boom, decade







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