Senior Analyst at Wood Mackenzie Rory McCarthy on the surge of the global energy storage market
Anita Riotta
Industry Experts
14:00, 15th May 2019

Vox Media Player

Senior Analyst with the Energy Storage team at Wood Mackenzie Power & Renewables, Rory McCarthy joins us to unpack the global energy storage market.

We discuss opportunities and challenges facing the market, how the UK is becoming a leader in the space, and why a recent Wood Mackenzie report expects the industry to expand 13-fold by 2024, with investment growing six-fold to a total of $71 billion.

After a record-breaking year in 2018, featuring 140% year-on-year growth, and system costs continuing to fall-- and that seems like just the beginning for the global energy storage market. With global initiative around renewables and decarbonizing markets strengthening, now is the time to get familiarized with this burgeoning industry.

Disclaimer & Declaration of Interest

The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

Comments
info
Login or register to post comments

Recent Articles
Watchlist