Let's cut to the chase—new energy storage isn't just some tech buzzword anymore. With China's installed capacity hitting 73. 76GW by late 2024 (that's 20 times higher than 2020 levels!), we're witnessing the fastest energy transformation since the steam engine [4]. . Global energy storage additions are on track to set another record in 2025 with the two largest markets – China and US – overcoming adverse policy shifts and tariff turmoil. Annual deployments are also set to scale in Germany, the UK, Australia, Canada, Saudi Arabia and Sub-Saharan Africa, driven. . This report demonstrates what we can do with our industry partners to advance innovative long duration energy storage technologies that will shape our future—from batteries to hydrogen, supercapacitors, hydropower, and thermal energy. But it's not just about identifying the technologies that appear. . The unsustainable exponential progression of a classic pyramid scheme in which every member recruits six new people. Explore this evolution and our analysis of the key global themes to watch in the year ahead.
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