Gigantic market potential
The market volume for stationary grid storage is almost unstoppable due to the demand expected in the future. It is expected to grow by around 28% per year in the coming years. The global battery energy storage systems market is expected to explode from USD 4.4 billion in 2022 to USD 15.1 billion in 2027. It is also forecast to grow from 20 GW in 2020 to over 3,000 GW by 2050.
Stefan Feulner
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