Energy storage
Cost of Clean Energy Technologies Drop as Expensive Debt Offset by Cooling Commodity Prices
The costs of wind power and battery energy storage projects have come down from levels seen in 2022, at the height of global supply chain constraints and the impacts of the Ukraine war. The industry still faces challenges as central banks continue to raise rates and some clean energy manufacturers are not yet passing cost […]
China to become largest energy storage market in Asia Pacific by 2024
Wood Mackenzie expects China to become the largest energy storage market in Asia Pacific by 2024. China’s cumulative energy storage capacity is projected to skyrocket from 489 megawatts (MW) or 843 megawatt-hours (MWh) in 2017 to 12.5 gigawatts (GW) or 32.1GWh in 2024. This represents an increase in the installed base of 25 times.  […]
