Di Yi Cai Jing·2025-10-29 04:26Core Viewpoint - The energy storage sector is experiencing significant growth, driven by increasing electricity demand from data centers, which are becoming a critical variable in the energy system transition [1] Group 1: Data Center Electricity Demand - In 2023, electricity consumption by data centers in the U.S. accounted for 4.4% of the national total generation, projected to rise to 8% by 2028 [1] - Over the next five years, electricity demand from U.S. data centers is expected to grow by 50% to 150% [1] - Canada's data center electricity demand is anticipated to increase from 750 MW to 1160 MW by 2029 [1] Group 2: Energy Storage Market Dynamics - Domestic compensation electricity prices are gradually being introduced, leading to an unexpected surge in large-scale storage demand, with a projected growth of 30-40% in the coming years [1] - The U.S. is experiencing an unexpected rush in installations this year, with stable growth expected in the following years [1] - Emerging markets in Europe and the Middle East are anticipated to see a significant explosion in large-scale storage demand, contributing to sustained high growth [1] Group 3: Global Energy Storage Projections - The global energy storage installation is projected to have a compound annual growth rate (CAGR) of 30-50% from 2025 to 2028 [1] - The recovery of shipments in Europe following the completion of household storage depletion is leading to an explosion in industrial and commercial storage demand [1] - The demand for cost-competitive solar storage in emerging markets is expected to continue, further driving the energy storage sector [1]