2025 Energy Storage Revolution: Breakthrough Batteries, Gravity Systems & Hydrogen Powering the Future
The IEA says global storage capacity must hit 1,500 GW by 2030, a 15-fold jump, with batteries making up 90%. Battery prices dropped about 20% in 2024, averaging $115/kWh, as global manufacturing capacity reached 3.1 TWh. Rongke Power completed the world’s largest flow battery in China, while Energy Vault and Highview Power launched large-scale gravity and liquid air storage projects.