Lens Energy Storage
Uncover energy storage technologies and business models that are changing the dynamic of today's power system
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Lens Energy Storage
Uncover energy storage technologies and business models that are changing the dynamic of today's power system
Complete coverage of the essential energy storage market
Worldwide, the demand for energy storage continues to escalate, driven by the pressing need to decarbonise economies through renewable integration on the grid. Additional growth will be supported by large loads seen from the data centre boom, manufacturing and increased electrification.
Stay abreast of the latest market trends and developments with Lens Energy Storage. Our product delivers insights on the unique commercial and technological opportunities driving demand for battery energy storage.
Lens Energy Storage
Interconnected market intelligence to support long-term planning, strategy and investment due diligence.
6,000
energy storage generation projects
10-year
outlooks for global installations
1 TW
of mapped energy storage projects in all development phases
300 GW
of assets in development
550+
battery cell facilities worldwide
120,000+
competitive bid events providing visibility into 1,000+ renewable energy projects
Features and workflows
Navigate energy storage energy market uncertainty by leveraging our industry-leading research, data, and insights.
Key features of Wood Mackenzie's Lens Energy Storage:
- A holistic view of the evolving energy storage energy landscape, with fully interconnected research and analytics that spans global market trends, industry drivers, utility technology and deployment strategies, vendor strategies and the effects of shifting regulation and policy
- Comprehensive analysis of global utility scale front-of-the-meter and commercial and residential behind-the-meter energy storage sectors
- Timely market reports and insights delivered throughout the year to keep agile and highly responsive to the fast-moving energy landscape
- Direct access to our analysts to stay ahead of market trends and dynamics. Delivering a quick turnaround on requests and queries, consider us an extension of your team
- A powerful API feed providing access to both real time market data feeds and underlying forecast data to create customised solutions
Lens Wind includes the following capabilities:
Energy storage market forecasts
- Quarterly 10-year outlooks
- Regional reports covering storage outlooks in North America, Europe, China, Asia Pacific, Middle East and Africa
- Quarterly US-focused Energy Storage Monitor
Energy storage asset details
- Access to more than 80 GW of operational utility battery storage assets and 300 GW of assets in development
- Asset-level details of battery storage assets in addition to the fleet of global pumped hydro energy storage assets
Energy storage revenue & operations
- Global coverage on prevailing trends for battery storage revenue mechanisms
- Annual report focused on the operations and maintenance (O&M) strategies being used across the growing utility energy storage markets
Energy storage technology trends
- Reports focused on long duration storage and technology evolution
- Trends to watch for on short-duration lithium systems as well as alternate technologies competing on cost, like sodium-ion
Cost forecasting
- Interactive cost models with component-level 10-year cost forecasts for major growth markets
- Opex forecasts that go into detail on operational tasks to help operators manage risks
- LCOE report and global storage cost competitiveness
Supply chain insights
- Industry’s premier database on battery manufacturing capacity and forecasts
- Annual report on the global battery storage supply chain
- Vendor landscaping overview of battery manufacturers and system integrators
Lens Energy Storage lets you:
- Focus on the key areas of energy storage market growth utilising our quarterly energy storage market outlook update that segments the storage market by utility and distributed storage
- Target storage growth markets across five different regions of the energy storage market
- Benchmark the leading storage supply chain companies, such as the leading suppliers of battery cell manufacturers, component manufacturers and system integrators
- Understand the supply dynamics in battery manufacturing by examining the outlook for manufacturing capacity, increases in demand and impact on prices
- Anticipate battery technology evolution with a series of reports that highlights the most promising technologies to enable low-cost long duration energy storage
- Utilise market-level capex and opex forecasts as well as levelised cost of energy (LCOE) forecasts
- Costs forecasts built upon a proprietary dataset of over US$8.5 trillion of direct spend data and industry-leading foresight on price development on underlying commodities and raw materials
- Identify future storage assets for business development with Lens Energy Storage asset details, including the industry’s most comprehensive view of storage assets under development
- Understand how supply chain can serve the aftermarket with an annual report that highlight competitive dynamics in the storage O&M sector
- Anticipate battery technology evolution with the most promising technologies to enable low-cost long duration energy storage
- Monitor the latest trends in offtake and tenders with tracking of all global storage PPAs, renewable energy tenders and integrated resource plans
- Understand revenue potential across key hubs globally with a breakdown of the revenue stack forecasted across project life and coverage on contracted revenue and policy trends
Why choose Lens Energy Storage?
Backed by 50 years of providing trusted energy advice, we offer the world’s most rigorous data, analytics and expert advisory solutions across the power industry.
Our solution delivers:
- Reliable, accurate cost trends driven by market dynamics, commodity insights, and technology trends.
- Industry-leading energy storage market demand outlooks.
- Unique perspective into the complex global energy storage supply chain.
- Unparalleled insight into the Operations and Maintenance sector.
- Renowned and respected expertise across the globe, yielding impactful perspectives on policy, demand, development opportunities, technology trends, market reforms, grid integration, supply chain constraints, and risk.
Frequently asked questions
Here you’ll find answers to the most common questions you may have on Lens Energy Storage. If you have any other questions, contact us.
Yes. Published by Wood Mackenzie and the American Clean Power Association, the US Energy Storage Monitor explores the breadth of the US energy storage market across the grid-scale, residential and non-residential segments. The report includes key quarterly trends and analysis on impactful market regulation, policy, system prices and supply chain across all segments.
Yes, Lens Energy Storage coverage spans globally, unlocking a multitude of growth and investment opportunities.
Absolutely! You get direct access to our expert analysts located around the world, who have developed unrivalled knowledge of the sector and region they cover.
Their strong, established relationships with industry contacts take our research to a more detailed level, where we can ask the right questions to get to the answers that matter. And they are always available to share their unique perspective with you.
Power & Renewables
Learn more about our full value chain research and analytics in the power and renewables sector
Contact an expert
Consult our team of analysts to gain impactful insights and inform your strategic decisions across the energy storage value chain. Our experts provide actionable intelligence to help you navigate the complexities of the energy storage sector and stay ahead of industry trends.
