Global LDES cumulative installed capacity 2025-2040

Published by
Bruna Alves,
Apr 27, 2022
The cumulative installed capacity of long duration energy storage (LDES) is estimated to grow significantly in the coming decades, to reach between 1.5 and 2.5 terawatts by 2040. This would be an increase of at least 50-fold in comparison to the 30 to 40 gigawatts estimated for 2025. Systems with a storage duration of up to 24 hours will make up the largest share of installed capacity.

Forecast long duration energy storage (LDES) cumulative installed capacity worldwide from 2025 to 2040 (in gigawatts)

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Sources

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In cooperation with
McKinsey
Release date

November 2021

Region

Worldwide

Survey time period

2021

Supplementary notes

According to the source, range is based on the LDES central scenario and LDES progressive scenario.

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