WoodMac: Energy Transition Needs $1.2T In Battery Storage Investments

WoodMac: Energy Transition Needs $1.2T In Battery Storage Investments

Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Aug 19, 2025, 7:00 PM CDT According to WoodMac, the power sector currently faces a capacity gap of 1,400 GW for battery installations to achieve grid stability by 2034. Falling costs improve the bullish thesis for battery storage, with WoodMac revealing that battery energy storage prices declined by an average of 10% to 40% across global mar...
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