Global Energy Storage Pipeline Increases 45% In Q4’15: IHS

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

A slew of factors have resulted in the global energy storage pipeline increasing by 45% in the fourth quarter of 2015, according to new figures published by IHS.

According to analytics company IHS, battery cost reductions, government funding programs, and utility tenders all contributed to a 45% increase in the global energy storage pipeline in Q4’15, with the pipeline of planned battery projects and flywheel projects reaching 1.6 GW.

“Continued battery cost reduction, government funding programs and utility tenders have helped spark a notable acceleration in the global energy storage market, and IHS recorded an increase of nearly 400 megawatts in the global pipeline during the final quarter of 2015,” said Marianne Boust, principal analyst for IHS Technology. “Suppliers and developers around the world are preparing for a record year in 2016, with significant growth projected in a wide range of regions and market segments.”


With several large-scale projects being announced towards the end of 2015, IHS has concluded that the energy storage industry is now “shifting from research-and-development demonstration projects to commercially viable projects.” Included in these large-scale projects was a 90 MW order placed by STEAG to be built in Germany, and 75 MW worth of contracts awarded to American PG&E.

These projects compare favorably to the more common type of project announcement we have seen over the last few years, which more often than not have dealt in kW’s rather than MW’s. Many experts believe that energy storage will be an integral component of the shift towards renewable energy integration into our electricity grids, and IHS’s numbers seem to suggest we are on our way towards commercial operation of larger and more robust energy storage systems.

Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Latest CleanTechnica TV Video

I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it!! So, we've decided to completely nix paywalls here at CleanTechnica. But...
Like other media companies, we need reader support! If you support us, please chip in a bit monthly to help our team write, edit, and publish 15 cleantech stories a day!
Thank you!

CleanTechnica uses affiliate links. See our policy here.

Joshua S Hill

I'm a Christian, a nerd, a geek, and I believe that we're pretty quickly directing planet-Earth into hell in a handbasket! I also write for Fantasy Book Review (, and can be found writing articles for a variety of other sites. Check me out at for more.

Joshua S Hill has 4403 posts and counting. See all posts by Joshua S Hill