IRENA Envisions 160 GW Of Energy Storage By 2030

The International Renewable Energy Agency (IRENA) is planning a road map of 160 Gigawatts (GW) of battery storage installations worldwide by 2030. This would mean an increase of 4 times of battery storage in the next 15 years as compared to all the solar power installed to date.

IRENA announced that the road map would guide its 139 member states on what is needed to support the energy storage industry in the global expansion of renewable energy. The report, that will be launched this summer, comes on the back of another IRENA study of how the share of renewables in the global energy mix will be doubled from the current 20% to 40% by 2030, implying the need for energy storage solutions.

According to IRENA, the amount of lithium-ion battery-based storage is set to rise exponentially from 100MW in 2012 to 25GW in 2020, and to a further 150GW in 2030. A large proportion of this rise will come from the increasing electric vehicle penetration.

Renewable energy penetration is increasing rapidly and it is estimated that 400-600GW of storage capacity will be needed to support this increase. However, government projections have not kept up with true growth.

Although there are already a number of other existing electricity storage road maps, this road map focuses on international cooperation opportunities that will allow the exchange of best practices, cost reductions, in order to facilitate deployment for renewables at a large-scale.

If you want to know more about this and other topics directly from end users of energy storage technologies join us at one of these annual events: The Energy Storage World Forum (Grid Scale Applications), or The Residential Energy Storage Forum, or one of our Training Courses.


The UK National Energy Grid – A Story of Islands, Trading, and Energy Storage

As first seen in Energy Global, grid software acts as a modern-day map, helping to chart and navigate today’s energy grids; software engineers are tasked with carefully delineating how each region’s energy markets operate. However, looking more closely at energy markets makes clear how unique each market is – each defined by different topography, resources,…

Read More

Product Development: Embracing product safety and compliance

PRODUCT DEVELOPMENT: EMBRACING PRODUCT SAFETY AND COMPLIANCE Recent safety incidents on storage plants have raised concerns about the fire safety of battery storage systems. Such events are extremely rare compared to the cumulated global deployments of energy storage systems, which have reached more than 27 GWh by end of 2020 (Wood Mackenzie 2021). However, for…

Read More

Annual Installed Capacity Significantly Increases

While the global market was under the haze of the epidemic and many countries were still in lockdown, the energy storage market showed extremely strong resilience and began to recover and grow since Q3 and Q4 of 2020. According to the BloombergNEF report, the global energy storage market in 2020 has developed faster than expected,…

Read More


“Probably the most interactive and well organized storage event on the calendar.”


Sales Director, S&C

“Great topics, competent speakers, good networking: keep it like that.”



“High scientific content, well targeted, perfect organization.”


Expert Technical & Governance, Elia

Excellent networking event. The sponsorship was well worth it.”


Manager, ATL

View More