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Global battery storage pipeline reaches 15 GW

As data drifts in, 2018 is shaping up to have been a record-breaking year for battery energy storage, writes IHS Markit senior analyst Julian Jansen. Especially for front-of-the-meter projects, which experienced rapid growth. This growth was led by significant activity in South Korea, the United Kingdom, the United States, Australia, and China, which together accounted for 78% of battery energy storage projects commissioned in 2018, according to the Q4 2018 edition of the IHS Markit “Energy Storage Company and Project Database.”
Graphic: Harald Schütt/pv magazine

The overall stationary battery energy storage market has had a strong year of development, illustrated by 83% more completed projects than in 2017. Project delays in 2017 meant more than 850 MW was completed in Q1 2018 – a strong start to the year. Project activity slowed in the second quarter, before rebounding in the …

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