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Energy Storage Systems Market Size Set to Hit USD 569.39 Bn by 2034 Driven by Grid Firming and Renewables

According to Precedence Research, the global energy storage systems market size is worth USD 288.97 billion in 2025 and is forecasted to hit approximately USD 569.39 billion by 2034, expanding at a CAGR of 7.87% from 2025 to 2034. Driven by renewable integration, grid reliability, and EV growth, the market is set for robust expansion through 2034. 
According to Precedence Research, the global energy storage systems market size is worth USD 288.97 billion in 2025 and is forecasted to hit approximately USD 569.39 billion by 2034, expanding at a CAGR of 7.87% from 2025 to 2034. Driven by renewable integration, grid reliability, and EV growth, the market is set for robust expansion through 2034.

ONEOK Announces $3.0 Billion Notes Offering

TULSA, Okla., Aug. 6, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it has priced an offering to sell $3.0 billion of senior...

Avista Corp. Reports Financial Results for the Second Quarter of 2025, Confirms 2025 Earnings Guidance with Strong Utility Offsetting Investment Losses

SPOKANE, Wash., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today announced financial results for the second quarter of 2025. Net income and earnings per diluted share for the second quarter and year-to-date 2025 compared to the same periods in 2024 are presented in the table below (dollars in millions, except per-share data):

Thailand’s Government Reaffirms Commitment to Strengthen Competitiveness in Dialogue With 30 Global Investors

BANGKOK, Aug. 6, 2025 /PRNewswire/ -- Thailand's Acting Prime Minister Mr. Phumtham Wechayachai today welcomed senior executives from 30 global companies from diverse sectors, which...

Thailand’s Government Reaffirms Commitment to Strengthen Competitiveness in Dialogue With 30 Global Investors

BANGKOK, Aug. 6, 2025 /PRNewswire/ -- Thailand's Acting Prime Minister Mr. Phumtham Wechayachai today welcomed senior executives from 30 global companies from diverse sectors, which...

CARIBBEAN UTILITIES COMPANY, LTD. ANNOUNCES UNAUDITED RESULTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2025, AND STRATEGIC MILESTONES

Caribbean Utilities Company, Ltd. is listed for trading in United States dollars on the Toronto Stock Exchange under the trading symbol "CUP.U".   GRAND CAYMAN,...

Guidehouse Research Estimates Global Market for Distributed Energy Resources Will Grow to 7.6 Million GW by 2033

Strong DER policies can help create market growth and ensure the grid can meet future demand BOULDER, Colo., Aug. 5, 2025 /PRNewswire/ -- A new report from...

ONEOK Announces Higher Second Quarter 2025 Earnings and Affirms 2025 Financial Guidance Ranges

Record Rocky Mountain Region NGL Raw Feed Throughput Volumes TULSA, Okla., Aug. 4, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced higher second quarter 2025...

I&M, Google Filing to Support Reliability Through Demand Response Structure

FORT WAYNE, Ind., Aug. 4, 2025 /PRNewswire/ -- Indiana Michigan Power (I&M), an American Electric Power (Nasdaq: AEP) company, recently filed a special, joint...

Brookfield Renewable Announces Strong Second Quarter Results

All amounts in U.S. dollars unless otherwise indicated

Fortis Inc. Releases Second Quarter 2025 Results

This news release constitutes a "Designated News Release" incorporated by reference in the prospectus supplement dated December 9, 2024 to Fortis' short form base shelf prospectus dated December 9, 2024.

Peak Energy Delivers First Grid-Scale, Sodium-Ion Battery Storage System in the U.S.

Peak Energy's solution is the first battery energy storage system to remove nearly all moving parts with new patent-pending technology, driving significant cost-savings DENVER, July...

PG&E Data Center Demand Pipeline Swells to 10 Gigawatts with Potential to Unlock Billions in Benefits for California

CPUC Approves Interim Rule for PG&E to Accelerate Grid Connections for Large Loads OAKLAND, Calif., July 31, 2025 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E)...

Peak Energy Delivers First Grid-Scale, Sodium-Ion Battery Storage System in the U.S.

Peak Energy's solution is the first battery energy storage system to remove nearly all moving parts with new patent-pending technology, driving significant cost-savings DENVER, July...

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