Energy storage poised to soar
Data Dive![](https://www.ciphernews.com/wp-content/uploads/2021/10/138f1bd1-b697-42f7-a182-280ee68b9b79.png)
Driven by massive amounts of variable wind and solar power, annual global storage deployment is set to nearly triple this year, according to a new Wood Mackenzie report.
“The U.S. and China will dominate the global storage market, together commanding over 70% of total global installed capacity through 2030,” says senior research analyst Xu Le.