Advanced Batteries & Energy Storage Research
Aug 7, 2024
Li-ion BESS Market: Jumps in Demand and Key Trends
Demand for battery energy storage systems will continue to increase over the coming decade across key countries as the volume of renewable energy sources penetrating electricity grids continues to increase. Governments have continued to announce incentives and schemes to promote the growth of BESS, as well as announce and increase targets for both RES and battery and energy storage.