Different Technologies for the Evolving Stationary Storage Market, Identifies IDTechEx
Even though it is growing very fast, with a tens of billion market size expected for 2031 and largely dominated by Li-ion batteries , the stationary storage market is still in its early stages, as highlighted in the IDTechEx report " Batteries for Stationary Energy Storage 2021-2031 ".
- Even though it is growing very fast, with a tens of billion market size expected for 2031 and largely dominated by Li-ion batteries , the stationary storage market is still in its early stages, as highlighted in the IDTechEx report " Batteries for Stationary Energy Storage 2021-2031 ".
- The report provides a wide overview of the stationary storage market, highlighting the different approaches taken by different countries.
- If the stationary energy storage market is still in its early stage, the redox flow batteries are a step behind.
- In conclusion, the stationary storage market is evolving with increasing differentiation from an hours of storage point of view and application BTM and FTM.