CNESA Global Energy Storage Market Analysis—2019.Q1 (Summary)

1.       The Global Market

According to statistics from the China Energy Storage Alliance Global Project Tracking Database, as of the end of March 2019, global operational energy storage project capacity totaled 181.2GW, an increase of 3.2% compared to Q1 the previous year.  Of this capacity, electrochemical energy storage made up 6829.0MW, or 3.8% of the global total, an increase of 104.0% in comparison to Q1 of the previous year, and an increase of 3.1% since the 2018 year’s end.

Global Distribution of Total Electrochemical Energy Storage Projects in Operation (2000-March 2019)

Data Source: CNESA Project Tracking Database

Data Source: CNESA Project Tracking Database

In the first quarter of 2019 (Jan-Mar), global newly added electrochemical energy storage projects totaled 203.6MW, a decrease of 51.7% in comparison to the first quarter 2018, and a decrease of 88.8% in comparison to the fourth quarter of 2018.

2.       The Chinese Market

At of the end of March 2019, China’s operational energy storage project capacity totaled 31.3GW, or 17.3% of the total global market, an increase of 8.3% in comparison to Q1 the previous year.  Of this capacity, electrochemical energy storage comprised 1123.2MW, or 3.6% of the total Chinese market, an increase of 150.5% in comparison to Q1 the previous year, and a 4.7% increase since the end of 2018.

Distribution of Total Electrochemical Energy Storage Projects Operational in China

Data Source: CNESA Project Tracking Database

Data Source: CNESA Project Tracking Database

In the first quarter of 2019 (Jan-Mar), China’s newly added electrochemical energy storage projects totaled 50.5MW, a decrease of 13.7% in comparison to the first quarter 2019, and a decrease of 84.2% in comparison to the fourth quarter of 2018.

About the CNESA Global Energy Storage Project Database

The CNESA Global Energy Storage Project Database was established in early 2012 by the China Energy Storage Alliance to provide data for the annual CNESA Energy Storage Industry White Paper and other CNESA research products.

As of the end of 2018, the database has collected over 2500 energy storage projects used in the global energy system, covering a wide variety of storage technologies and applications.  Project data is available for over 70 countries and regions around the world.  Over the course of its development, the database has achieved wide recognition from the industry.

About the Global Energy Storage Market Tracking Report

The Global Energy Storage Market Tracking Report is published each quarter by the China Energy Storage Alliance.  The report provides the latest market data and trends in the energy storage industry.  Readers can log on to the official CNESA ES Research web page at www.esresearch.com.cn to download the summary version and/or order the complete version.

About the ES Research Platform

 The ES Research online website launched in January 2018 to provide a platform for CNESA research products and services.  Products and services include the “Global Energy Storage Database,” “Energy Storage Industry Tracking,” “Energy Storage Industry Research Reports,” and “Research Consultation Services.” To learn more, please visit www.esresearch.com.cn. For questions or comments, please contact the CNESA research department by phone at 010-65667068-805.