Long-Duration Energy Storage Forum

The stationary energy storage market is projected to grow from $9.1 billion (15.2 Gwh) in 2019 to $111.8 billion (222.7 Gwh) by 2035, at a CAGR of 18.3%.* Within this sector, utility-scale long-duration storage is of growing importance in enabling the utilization of renewables by utilities, energy providers, and large C&I end users. In addition to renewables integration, services include grid inertia, frequency regulation, and alleviating transmission constraints. After several years of VC investment and promising but limited demonstrations, long-duration storage is poised to play an important role in the coming energy transition worldwide.