What is the future of energy storage?

Storage enables electricity systems to remain in balance despite variations in wind and solar availability, allowing for cost-effective deep decarbonization while maintaining reliability. The Future of Energy Storage report is an essential analysis of this key component in decarbonizing our energy infrastructure and combating climate change.

What is energy storage?

Energy storage is the capture of energy produced at one time for use at a later time, enabling us to bridge the gap between when renewable energy is generated and when it's needed most. This technology has become the cornerstone of grid stability, energy security, and the economic viability of clean energy systems.

Are energy storage systems positioned to solve the energy transition?

Clean power sources reached 40.9% of global electricity generation in 2024, marking a significant milestone in the energy transition. However, the inherent intermittency of these sources—the sun doesn't always shine, and the wind doesn't always blow—creates a fundamental challenge that energy storage systems are uniquely positioned to solve.