BloombergNEF expects cumulative energy storage capacity in 2035 to reach 2 terawatts (7. 3 terawatt-hours) – eight times the level in 2025. Utility-scale projects continue to dominate applications. Meanwhile, the. Global energy storage additions are on track to set another record in 2025 with the two largest markets – China and US – overcoming adverse policy shifts and tariff turmoil. Annual deployments are also set to scale in Germany, the UK, Australia, Canada, Saudi Arabia and Sub-Saharan Africa, driven. Breakthroughs in battery technology are transforming the global energy landscape, fueling the transition to clean energy and reshaping industries from transportation to utilities. In January 2022, the National Development and Reform Commission and the National Energy Administration jointly.