New energy storage deployments in major Asia Pacific markets expected to total nearly 37GW from 2015-2025, says Navigant

While system costs remain one of the largest hurdles to the energy storage industry's growth, declining prices are helping to move the technology into diverse geographic markets. Because energy storage is quickly becoming a flexible and cost-effective tool for users to control energy costs and for grid operators to manage network instability, several countries are projected to see substantial growth in deployments in the coming decade, with five country-level markets in Asia Pacific expected to experience the largest increases globally. According to a new report from Navigant Research, new energy storage deployments in Asia Pacific's five major markets are expected to total nearly 37GW from 2015 to 2025.

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via Yuichun