Batteries key for sixfold global energy storage increase by 2030

Global battery deployment has seen a remarkable surge, driven by falling costs, advancing innovation and supportive policies, according to the latest report from the International Energy Agency (IEA).
This surge, particularly in lithium-ion batteries, has outpaced growth in almost all other clean energy technologies in 2023.
The report, titled “Special Report on Batteries and Secure Energy Transitions,” emphasizes the crucial role batteries play in achieving climate and energy target