Flexible generation capacity and storage are key elements of the energy transition and the continued expansion of intermittent renewable energy because they offer unparalleled flexibility to optimally deliver energy and ancillary services.
This report from Frost & Sullivan forecasts global grid-scale battery energy storage systems to experience rapid expansion in the coming years, reaching 259.8 GW by 2030 at a compound annual growth rate of 34.2% from 2021.
The research includes competitive insights on the top 10 vendors – including Stem – providing digital platforms for optimization and trading of front-of-the-meter renewable energy and battery energy storage systems.
The report covers:
Download the report PDF to learn how to address price and demand volatility, manage risk, and unlock the full value of battery energy storage systems.