Long Duration Energy Storage Market Size to Reach $10.43 Billion, at a 13.6% CAGR by 2030 – Report by MarketsandMarkets™

Delray Beach, FL, Jan. 22, 2025 (GLOBE NEWSWIRE) -- The Long Duration Energy Storage Market size is projected to grow from USD 4.84 billion in 2024 to USD 10.43 billion by 2030, at a CAGR of 13.6% according to a new report by MarketsandMarkets™. With urbanization, industrialization, and transportation electrification, growing demand for global energy causes a need for stable continuous power supply. LDES is an economical way of storing excesses of energy when the demand is minimal and releasing it during pe ...