Increased energy demand and the continued role of fossil fuels in the energy system mean emissions could continue rising through 2025–35. Emissions have not yet peaked, and global CO 2 emissions from combustion
Access every chart published across all IEA reports and analysis. Explore data. Reports batteries need to lead a sixfold increase in global energy storage to enable the
Detailed analysis and forecasts for the buildout of battery cell manufacturing capacity, including a global database of battery cell factories. Batteries & Energy Storage Policy Update (update:
To facilitate the rapid deployment of new solar PV and wind power that is necessary to triple renewables, global energy storage capacity must increase sixfold to 1 500 GW by 2030. Batteries account for 90% of the increase in
Announcements for new battery manufacturing capacity, if realised, would increase the global total nearly fourfold by 2030, which would be sufficient to meet demand in the NZE Scenario. The demand for critical minerals in batteries is
The increase in battery demand drives the demand for critical materials. In 2022, lithium demand exceeded supply (as in 2021) despite the 180% increase in production since 2017. In 2022, about 60% of lithium, 30% of cobalt and 10%
To a lesser extent, battery demand growth contributes to increasing total demand for nickel, accounting for over 10% of total nickel demand. Battery demand for nickel stood at almost 370 kt in 2023, up nearly 30% compared to 2022. High
Announcements for new battery manufacturing capacity, if realised, would increase the global total nearly fourfold by 2030, which would be sufficient to meet demand in the NZE Scenario.
Batteries and Secure Energy Transitions - Analysis and key findings. A report by the International Energy Agency. the energy sector now accounts for over 90% of annual lithium-ion battery demand. global energy storage capacity
These developments are propelling the market for battery energy storage systems (BESS). Battery storage is an essential enabler of renewable-energy generation, helping alternatives make a steady contribution to the
After 2027, sodium-ion batteries may become more popular for energy storage system demand growth. Asia Pacific (APAC) maintains its lead in build on a power capacity (gigawatt) basis, representing 44% of additions in
Global EV Outlook 2024 - Analysis and key findings. A report by the International Energy Agency. Stationary storage will also increase battery demand, accounting for about 400 GWh in
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