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Global Battery Energy Storage Capacity to Increase Sixfold by 2030 (GlobalData)

Published

29 July 2026

Topic

market

Sectors

Energy Storage

Source

Read at ecofinagency.com

Verified

Fusion42 · 30 July 2026 · Fusion42 review

Global battery energy storage capacity is projected to increase nearly sixfold to 1,300 GW by 2030, a 42% compound annual growth rate from 2025. This expansion is driven by falling battery costs, the rapid deployment of renewables, and surging power demand from AI data centres.

This Wire brief sits within Fusion42's coverage of Energy Storage. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.

◆ The Wire takeaway

The AI boom is creating a new premium customer for energy storage, and they are buying differently from utilities. If you sell storage, your product must now offer active power management for data centres, not just simple grid backup.

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Topics

Energy Storageenergy-storagebatteriesai-infrastructuredecarbonisationsupply-chain