The cumulative installed capacity of long duration energy storage (LDES) is estimated to grow significantly in the coming decades, to reach between 1.5 and 2.5 terawatts by 2040. This would be an increase of at least 50-fold in comparison to the 30 to 40 gigawatts estimated for 2025. Systems with a storage duration of up to 24 hours will make up the largest share of installed capacity.
Forecast of long duration energy storage (LDES) cumulative installed capacity worldwide from 2025 to 2040
(in gigawatts)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
LDES Council, & McKinsey & Company. (November 22, 2021). Forecast of long duration energy storage (LDES) cumulative installed capacity worldwide from 2025 to 2040 (in gigawatts) [Graph]. In Statista. Retrieved November 27, 2024, from https://www.statista.com/statistics/1304124/forecast-ldes-cumulative-installed-capacity/
LDES Council, und McKinsey & Company. "Forecast of long duration energy storage (LDES) cumulative installed capacity worldwide from 2025 to 2040 (in gigawatts)." Chart. November 22, 2021. Statista. Accessed November 27, 2024. https://www.statista.com/statistics/1304124/forecast-ldes-cumulative-installed-capacity/
LDES Council, McKinsey & Company. (2021). Forecast of long duration energy storage (LDES) cumulative installed capacity worldwide from 2025 to 2040 (in gigawatts). Statista. Statista Inc.. Accessed: November 27, 2024. https://www.statista.com/statistics/1304124/forecast-ldes-cumulative-installed-capacity/
LDES Council, and McKinsey & Company. "Forecast of Long Duration Energy Storage (Ldes) Cumulative Installed Capacity Worldwide from 2025 to 2040 (in Gigawatts)." Statista, Statista Inc., 22 Nov 2021, https://www.statista.com/statistics/1304124/forecast-ldes-cumulative-installed-capacity/
LDES Council & McKinsey & Company, Forecast of long duration energy storage (LDES) cumulative installed capacity worldwide from 2025 to 2040 (in gigawatts) Statista, https://www.statista.com/statistics/1304124/forecast-ldes-cumulative-installed-capacity/ (last visited November 27, 2024)
Forecast of long duration energy storage (LDES) cumulative installed capacity worldwide from 2025 to 2040 (in gigawatts) [Graph], LDES Council, & McKinsey & Company, November 22, 2021. [Online]. Available: https://www.statista.com/statistics/1304124/forecast-ldes-cumulative-installed-capacity/