Where can energy storage be used for capacity services?

Markets are increasingly seeking energy storage for capacity services (including through capacity markets). Japan, Poland, the UK, Chile, the US Southwest, New York and Australia are new markets opening up these opportunities.

How does energy storage impact economic growth?

Submit a case study with the chance to be featured in Renewable Energy World. ACP adds that increased energy storage deployment not only enhances reliability and affordability but also drives U.S. economic expansion, supporting growing industries like manufacturing and data centers.

Will a 60% tariff increase energy storage costs?

“What we found is that with the 60% tariff, the cost [of a turnkey energy storage system] increases by 60% compared to 2025, so this is quite a big cost jump if the US actually decided to do so,” Kikuma says.

Will ESS demand sustain a high price environment?

However, even in a high price environment, demand from large-scale renewable projects is expected to sustain ESS purchasing and lead to strong base growth in ESS deployment despite the higher-than-expected prices. China and the United States are still expected to represent more than half of the global ESS market over the next five years.

Why is energy storage important for energy security?

“Energy storage is crucial for energy security and to help outpace rising demand,” chimed Noah Roberts, ACP’s VP of energy storage. “Energy security” will no doubt be a combination of words we’ll hear often under Trump 2.0, regardless of what the administration chooses to do.