Battery Energy Storage Systems Statistics By Market Share And Facts (2025)

Barry Elad
Written by
Barry Elad

Updated · Aug 26, 2025

Rohan Jambhale
Edited by
Rohan Jambhale

Editor

Battery Energy Storage Systems Statistics By Market Share And Facts (2025)

Introduction

Battery Energy Storage Systems Statistics: So, have you ever wondered what happens to all the extra electricity that comes from solar panels or wind turbines? Here’s the simple answer. A battery energy storage system is just like a big version of the small battery inside your phone. When there is extra electricity in the grid, the system stores it inside big batteries. Later, when the electricity demand is high or when there is not enough sunlight or wind energy, the stored energy comes back to the grid.

To put it very simply, a battery energy storage system is like a huge power bank, but instead of charging your phone, it charges the entire city and industries. This is why it has become a key part of the clean energy future. Keeping electricity safe and ready makes sure that lights don’t go off and factories keep running, even when renewable energy sources slow down.

In this article, I’ll walk you through all the important battery energy storage system statistics, where it started, how much it has grown, which countries are leading, how the market looks, and what the future could be just for a clear understanding. Let’s get into it.

Editor’s Choice

  • According to the International Energy Agency, global battery energy storage systems stood at about 28 GW in 2022, then shot up with 69 GW added in 2024, showing the fastest growth phase so far.
  • Based on projections, capacity is expected to touch 970 GW by 2030, which is almost 35 times bigger than the 2022.
  • According to BloombergNEF, 2025 alone could see 94 GW of new capacity, equal to 247 GWh, which is 35% more than in 2024.
  • China already crossed the 100 GW milestone in 2025, making it the clear leader in the market, while the U.S. follows with over 37 GWh added in 2024 and a pipeline of 150 GW through 2030.
  • The price of lithium-ion battery packs fell to $115 per kWh in 2024, which is 20% cheaper than 2023 and 84% lower compared to 2014, showing how economics is driving faster adoption.
  • According to the Business Research Company, the global market for battery energy storage systems was $6.89 B in 2024, grew to $8.59 B in 2025, and could reach $20.22 B by 2029 at about 24%.
  • In Europe, total capacity reached 61 GWh by 2024, with the UK alone hosting 6 GW projects. The spread is not just China and the U.S., but also across regions.
  • The biggest projects today are hitting 1 GWh+ scale, like California’s Edwards & Sanborn plant, which can power 4 million homes in a day, compared to the first big project in 2011, which was only 8 MWh.
  • Safety is still a challenge, with incidents like California’s battery fire proving risks remain, though alternative technologies like liquid air storage and geochemical storage are being tested.
TopicTakeaway
Global installed base 2022

28 GW total, 11 GW added

Global addition 2024

69 GW added in one year
Projected by 2030

970 GW capacity expected (35x 2022)

Forecast 2025

94 GW (247 GWh) new additions, +35% over 2024
China

Passed 100 GW in 2025, 215.5 GWh installed

U.S.

12.3 GW / 37.1 GWh added in 2024, 150 GW pipelines by 2030
Europe

61 GWh total by 2024, UK at 4.6 GW

Battery pack prices

$115/HWh in 2024 (20% from 2023, 84% from 2014)
Market size

$6.89 B in 2024 to $8.59 B in 2025 to $20.22 B by 2029

Project scale comparison

2011: 8 MWh to 2020s, 1 GWh (California project can power 4.4 M homes a day)
Safety & emerging tech development

Fire risks remain, liquid air, and geochemical storage are under development.

Early Days of Battery Energy Storage Systems

India's first battery energy storage system (Source: studyiq.com)

  • The term “battery” first popped up in 1749 when Benjamin Franklin grouped Leyden jars and called them a “battery.” It was basically a set of linked capacitors, not like modern batteries, though, but it’s where the language started.
  • Alessandro Volta’s voltaic pile in 1800 gave us the first proper electrochemical battery that produced a steady current. That was a real milestone for anything that stores electricity.
  • Even before that, there’s that ancient Baghdad pottery thing, some people think it might’ve been a battery for gold plating. Not confirmed, but shows how we’ve looked for storage ideas for a long time.
OriginKey Fact
Ancient (Bagdad)Theories of early battery-like artifacts
1749 (Franklin)The term “battery” is used for a group of Leyden jars
1800 (Volta)Invented the voltaic pile, the first steady battery

Rise of Grid-Scale

battery-energy-storage-systems-market (Source: grandviewresearch.com)

  • In 2020, global installed grid-scale battery capacity was just under 28 GW, and the year saw about 11 GW in new additions.
  • By 2024, battery storage showed explosive growth: 69 GW was installed in that one year, almost doubling total capacity.
  • Looking ahead, the IEA’s Net Zero Scenario expects capacity to grow 35-fold from 2022 to nearly 970 GW by 2030. They project around 170 GW added just in 2030 alone.
Year/ProjectionInstalled Capacity or Additions
End 202228 GW total, or 11 GW added that year
202469 GW added, almost doubling the existing
 2030 (scenario)970 GW total expected

Country Level

annual-capacity-of-combined-utility-scale-and-behind-the-meter-storage-deployment-in-selected-countries-worldwide-from-2013-to-2019 (Reference: statista.com)

  • China had reached 62 GW or 141 GWh of battery power stations by the end of 2024, and by mid-2025, passed 100 GW batteries (164 GW including total storage).
  • The U.S. installed 12.3 GW / 37.1 GWh in 2024. For comparison, in 2022 it doubled to 9 GW or 25 GWh, while in 2010 it was only 59 MW from 7 plants.
  • In the UK, June 2024 capacity was 4.6 GW (5.9 GWh). Europe overall reached 61 GWh by the end of 2024, adding 21 GWh that year.
  • According to Visual Capitalist, China has 215.5 GWh installed, and the U.S. has 82.1 GWh; those are some big numbers.
Region / CountryInstalled Capacity (GW or GWh)
China (2024 mid 2025)62 GW (141 GWh) to 100 GW batteries (164 GW storage)
U.S. (2024)12.3 GW / 37.1 GWh
U.K. (2024)4.6 GW / 5.9 GWh
Europe (2024)61 GWh total installed
Global rankingChina 215.5 GWh, U.S. 82.1 GWh

Growth Rates and Market Size

global-battery-energy-storage-systems-market (Source: grandviewresearch.com)

  • The average price of lithium-ion battery packs dropped to $115 per kWh in 2024, a 20% drop from 2023 and 84% lower than a decade ago.
  • Global capacity additions grew at about 67% per year over the past decade, a pretty steep climb.
  • BloombergNEF expects battery additions in 2025 to hit 94 GW (247 GWh), up 35% over 2024, then a 14.7% CAGR to 2035, reaching 220 GW / 972 GWh by then.
  • In the U.S.,2025 is expected to see 18.2 GW of new utility-scale battery storage added, up from 10.3 GW in 2024.
  • S&P Global says 18.7 GW is currently under construction in the U.S., with over 150 GW pipeline through 2030.
  • The overall battery energy storage system market size grew from $6.89 billion in 2024 to $8.59 billion in 2025, a CAGR of 24.6% forecast to reach $20.22 billion by 2029 at a 23.9% CAGR.
MetricValue / Growth Rate
Price of Li-ion $/kWh 2024$115 (20% from 2023; 84% vs decade ago
Avg. annual addition growth67% per year (past decade)
Global additions 202594 GW (247 GWh), +35% over 2024
Forecast CAGR to 203514.7% reach 220 GW/972 GWh by 2035
U.S. new additions 2025 (forecast)18.2 GW
U.S. pipeline under construction18.7 GW; 150 GW planned through 2030
Market size 2024 to 2025$6.89 B to $8.59 B, which is 24.6% CAGR
Forecast market size 2029$20.22 B about 23.9% CAGR

Tech, Scale and Real-World Examples

Battery-Energy-Storage-System-Market (Source: market.us)

  • S. battery storage grew fivefold between 2021 and 2024, exceeding 26 GW and even surpassing pumped hydro capacity.
  • The earliest large battery in 2011 was 8 MWh; today, many projects are over 1 GWh in size.
  • California’s Edwards & Sanborn project delivers 33 GW for several hours, big enough for 4.4 million homes in a day.
  • The Victorian Big Battery in Australia provides 450 MWh and can discharge at 300 MW. It started operations in December 2021 and is the Southern Hemisphere’s biggest.
ProjectCapacity / Output
U.S. growth (2021 to  2024)5x growth to over 26 GW
Early 2011 project8 MWh
Modern projectsOften exceeds 1 GWh
California Edwards & Sanborn33 GW discharge; 4.4 million homes/day
Victorian Big Battery (Australia)450 MWh, 300 MW discharge

Challenges and Emerging Tech

India accelerates awarding of energy storage tenders (Source: ieefa.org)

  • There are safety and fire concerns; one battery plant fire in California forces evacuations and road closures. These risks are real, especially with lithium chemistries.
  • Most storage today is lithium-ion, but there’s growing interest in longer duration or alternative tech like liquid air storage or geochemical storage.
  • For example, quenching energy underground (geochemical) has shown six months of storage at MW-scale, but efficiency is only 50 to 65%. Still, it’s promising for the long term.
ChallengeDetails
Safety incidentsFires at large installations cause a major risk
Dominant techLithium-ion remains widespread
Alternative techLiquid air, geochemical gaining traction
Geochemical storage example6-month storage, 50 to 65% efficiency

Conclusion

So overall, when we look at these stats, it’s clear that the story of the battery energy storage system is just starting. From only a few megawatts a decade ago to hundreds of gigawatts today, the jump has been massive. The numbers tell us that countries like China and the U.S. are racing ahead, and the rest of the world is catching up fast. Prices have fallen so much that storing electricity is becoming cost-effective.

In simple words, the battery energy storage system has turned into the backbone of clean energy, and the numbers only prove it. What started as experiments has now become a global market worth billions, and by the next decade, it might be one of the most important pillars of the entire energy sector. What do you think about it? I hope you like this article. If you have any questions, kindly let me know in the comments section. Thanks.

FAQ.

What is a battery energy storage system (BESS)?



A battery energy storage system is basically a setup that stores electricity in rechargeable batteries, whether from the grid or from solar and wind. It holds the power when there’s extra, and releases it when it’s needed most.

How does a BESS work?



When the energy supply is high, say from solar panels, it charges the batteries. Later, when supply dips or demand peaks, it discharges that stored energy back into the grid or to your home.

What types of batteries are commonly used in BESS?



The most widely used are lithium-ion batteries, with varieties like LFP, NMC, NCA, and LMO. Other types include flow batteries, lead-acid, sodium-sulfur, and emerging alternatives like iron redox flow.

How long do battery energy storage systems last?



It depends on the type and usage. Lithium-ion systems typically last 10 to 15 years, while lead-acid systems may last 3 to 5 years. Flow batteries can go well beyond 20 years and support over 10,000 charge cycles.

Is a BESS safe? What about fire risks?



Lithium-ion batteries can overheat and have rare but serious fire risks like thermal runaway. To mitigate these, systems use cooling, real-time temperature monitoring, and emergency plans. Advanced safety standards like NFPA 855 and certifications like UL 9540A are commonly used.

How do you interpret BESS ratings (example, 100 MW/200 MWh)?



The first number (example, 100 MW) tells you how much power the system can deliver at once. The second (200 MWh) is how much total energy it can store. Together, they tell you how long it can run at full power, about 2 hours in this case.

Can BESS be used off-grid?



Yes, BESS can power homes, camps, remote areas, or backup systems when not connected to the main electric grid. They’re even better when paired with solar or wind systems.

What are the main benefits of a battery energy storage system?



A battery energy storage system brings multiple benefits: stabilizes the grid, integrates renewables, provides backup during outages, smooths power peaks (peak shaving), and improves energy efficiency.

Can BESS systems scale up for big projects?



Absolutely. You can link multiple battery units to achieve utility-scale storage. Flow batteries, for instance, are especially scalable just by increasing tank size.

What are flow batteries and why do they matter?



Flow batteries, like vanadium flow, use liquid electrolytes in tanks. They’re safer, longer-lasting, and easily scalable by adding more liquid. One facility in Japan stores several hours of power, with future versions aiming for 8 to 10 hours.

Barry Elad
Barry Elad

Barry is a technology enthusiast with a passion for in-depth research on various technological topics. He meticulously gathers comprehensive statistics and facts to assist users. Barry's primary interest lies in understanding the intricacies of software and creating content that highlights its value. When not evaluating applications or programs, Barry enjoys experimenting with new healthy recipes, practicing yoga, meditating, or taking nature walks with his child.

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