The Battery Storage Market Is Set to Grow Ninefold by 2040
Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – Aug 31, 2025, 12:00 PM CDT Global battery storage capacity surged to 375 GWh in 2024, led by China and the U.S., and is projected to rise ninefold by 2040. Falling costs and new technology are making storage projects more competitive than fossil fuel power pl...