Grid-scale battery energy storage systems will become a growing part of lithium consumption in 2026, underpinned by an increasing emphasis on grid stability amid the transition to renewable energy sources and expanding electrification, analysts and lithium producers said.
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China is the undisputed global leader in the solar industry, with solar PV power capacity reaching approximately 1,200 GW by end of 2025, as per IRENA statistics. In 2025, China alone added 440 GW in 2025.
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Summary: Flywheel energy storage systems (FESS) are gaining momentum as a sustainable solution for industries requiring rapid energy discharge, grid stability, and renewable integration.
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The global lithium-ion battery energy storage market size was valued at USD 24. It is projected to be worth USD 32. 64 billion by 2032, exhibiting a CAGR of 19.
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