BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh
Green Car Congress
OCTOBER 13, 2022
The “Inflation Reduction Act” will drive roughly 30GW/111GWh of energy storage build from 2022 to 2030, according to BNEF. However, while the new tax credit policy supports more growth based on BNEF’s long-term forecast, supply chain constraints cloud deployment expectations until 2024.
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