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Energy Storage

Maximize near and long-term opportunities in the growing energy storage market.

Whether you are new entrant or an established business in the global energy storage market, you need market intelligence you can trust. Get a detailed examination of all key segments, including small and large-scale renewable integration, grid support and behind-the-meter storage.

With IHS Markit’s energy storage coverage (part of the Global Clean Energy Technology service), you receive ongoing rigorous primary research from our analysts who pull on our leading industry research across power and energy to deliver a unique and reliable global view into the development and evolution of the energy storage market. Understand the outlook for global grid-connected energy storage with our forecast and our interactive data visualization tool that lets you customize your analysis. Identify key players, as well as planned and completed projects, using our energy storage project and company database. Leverage insights from our topical reports on specific market segments to uncover whitespace opportunities. In addition, direct exclusive access to analyst insight and assistance ensures you keep pace with the latest market news and developments.

Key coverage:

  • Global grid-connected energy storage forecasts
  • Energy storage projects and companies
  • Distributed energy storage systems
  • Batteries, flywheels, small-scale (tank-based) compressed air solutions
  • Key market segments and technologies

Our energy storage coverage is available as part of the Global Clean Energy Technology service.

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What's Included

Databases
Market trackers and databases, delivered in Excel format, including revenues, units, ASPs, market shares and products:
  • Grid-Connected Energy Storage Database – Twice yearly updates to global grid-connected energy storage forecasts presented in Excel format with a PDF summary, plus an Energy Storage Interactive Data Visualization Tool 
  • Energy Storage Company and Project Database – Detailed database of planned and completed energy storage projects with details of the timing and involved companies
Reports
Regular reports on key focus areas. Past sample reports include: 
  • Australia Utility-Scale Solar & Energy Storage Report 
  • USA Commercial & Industrial Energy Storage Report
  • Energy Storage Inverter (PCS) Report
  • Europe Grid Defection Report
Data Visualization Tool
Uncover and understand actionable insights through our unique and flexible data visualization tool. To understand the full capabilities of our Energy Storage Data Visualization Tool, watch the training video
Market Insights
Frequent analyst commentary on product launches, market news and analysis
Access to Industry Analysts
Customers receive direct access to our subject matter experts/industry analysts to discuss latest market trends, clarify any data, and answer questions. 

Experts

Sam Wilkinson

Mr. Wilkinson coordinates and contributes to a wide range of custom research, consulting, and advisory projects, in addition to continued contributions to the team's syndicated research products. His areas of expertise are solar PV, battery technology and supply chain, and battery energy storage (for grid applications).Upon joining the team in 2008, He was responsible for researching the photovoltaic (PV) inverter market and the PV module and polysilicon supply chain, working closely with leading global suppliers to develop detailed analysis on these markets. He has also been responsible for establishing primary research reports focusing on solar demand and policy, complementing IHS Markit extensive research of the complete PV supply chain. Building on his experience in the solar research team, Mr. Wilkinson established the Clean Energy Technology team's coverage of energy storage in 2012, covering a wide range of topics within this fast-developing sector, including the development of battery technology and the battery supply chain. Mr. Wilkinson's analysis and commentary is regularly published by leading PV and energy industry media and the global press. He has also presented at many leading industry events and conferences and previously worked in structural engineering. He holds a bachelor's degree in math and engineering from the University of Nottingham, United Kingdom.

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Youmin Rong, Ph.D.

Dr. Rong focuses on analyzing the global battery industry and energy storage markets in APAC. Dr. Rong also provides input to customers with regard to next-generation technology, e-mobility, clean energy transition, and net-zero carbon future. Prior to joining IHS Markit, Dr. Rong served as the project lead and investment advisor for advanced batteries at NIO (the first Chinese electric vehicle company publicly listed in New York Stock Exchange). In addition to his industrial experience, Dr. Rong attended Stanford University as an Energy Research Fellow, where he developed scientific research in advanced battery technology. Based on his research findings, he has published over 15 papers in leading internationally peer-reviewed journals. Dr. Rong completed his Postdoctoral Fellowship at Stanford University, and holds a PhD from the University of Oxford, as well as MEng and BEng from Imperial College London.

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