2025 energy storage orders

How big is the energy backlog in 2023?

The backlog of new power generation and energy storage seeking transmission connections across the U.S. grew again in 2023, with nearly 2,600 gigawatts (GW) of generation and storage capacity now actively seeking grid interconnection, according to new research from Lawrence Berkeley National Laboratory (Berkeley Lab).

Will new energy storage be more expensive in 2025?

The NDRC said new energy storage that uses electrochemical means is expected to see further technological advances, with its system cost to be further lowered by more than 30 percent in 2025 compared to the level at the end of 2020.

Will energy storage be commercialized by 2030?

The two agencies also plan to complete the commercialization of new-type energy storage systems --meaning all technologies except pumped hydro -- by 2030. Last July, they had announced a target to install 30 gigawatts of new-type energy storage capacity by 2025.

How did energy storage grow in 2022 & 2023?

The US utility-scale storage sector saw tremendous growth over 2022 and 2023. The volume of energy storage installations in the United States in 2022 totaled 11,976 megawatt hours (MWh)—a figure surpassed in the first three quarters of 2023 when installations hit 13,518 MWh by cumulative volume.

How can energy storage be used in future states?

Target future states collaboratively developed as visions for the beneficial use of energy storage. Click on an individual state to explore identified gaps to achievement. Energy storage is essential to a clean and modern electricity grid and is positioned to enable the ambitious goals for renewable energy and power system resilience.

Will China expand its energy storage capacity by 2025?

China aims to further develop its new energy storage capacity, which is expected to advance from the initial stage of commercialization to large-scale development by 2025, with an installed capacity of more than 30 million kilowatts, regulators said.