"Energy Storage Industry Research White Paper 2026": It is expected that the global cumulative installed capacity of battery energy storage will surge by 8-17 times in the next decade.

ME News update, March 31 (UTC+8), at the opening ceremony of the 14th International Energy Storage Summit and Exhibition, Chen Haisheng, Chairman of the Board of the Zhongguancun Energy Storage Industry Technology Alliance and Director of the Institute of Engineering Thermophysics, Chinese Academy of Sciences, released the “Energy Storage Industry Research White Paper 2026.” It is expected that from 2024 to 2035, global battery energy storage cumulative installed capacity will surge by 8–17x (166GW to 1414GW ~ 2885GW). The global energy storage installed capacity landscape will shift from being mainly dominated by China, the United States, and Europe, gradually expanding to regions such as India, the Middle East, and Southeast Asia. CNESA expects that after the industry’s initial explosive growth, it will enter a period of switching growth rates. From 2026 to 2030, the annual compound growth rates under conservative and ideal scenarios are about 20.7% and 25.5%, respectively. Although the relative growth rate will slow somewhat, the absolute incremental additions will remain at a high level. (Source: Jin10)