Global Scans · Energy Tech · Weekly Summary

• [New] Long-term energy storage is set to be a critical component of global energy security and a massive industrial sector going forward, as renewable-dependent grids will need to balance energy demand and surplus over weeks, months, and seasons as opposed to hours. oilprice.com
• [New] Paired with solar and wind, which remain the cheapest forms of new electricity, energy storage has the potential to rewire global energy markets, and the U.S. grid along with them. TechCrunch
• [New] At COP 29, nearly 60 countries committed to the Global Energy Storage and Grids Pledge, which sets a goal of deploying 1500 GW of energy storage, doubling global grid investments, and developing 25 million kilometers of grid infrastructure by 2030. IEA
• [New] Eindhoven's AI-chip startup Euclyd burst into the spotlight in 2025 with a bold promise: 100 × more energy-efficient AI compute and a clean-sheet chip architecture that could finally give Europe its own Nvidia. IO+
• [New] China signaled its latest support to the electric vehicle industry and lithium-rich energy storage systems with compensation mechanisms for power storage infrastructure, doubling EV charging capacity to 180 gigawatts by 2027. Trading Economics
• [New] The full value of tax credits for energy storage will remain in place until 2033, before dropping to 75% in 2034 and 50% in 2035. Latitude Media
• [New] BloombergNEF anticipates 247 GWh of new energy storage capacity globally in 2025, excluding pumped hydro, and says annual additions will likely climb to around 972 GWh by 2035 - implying a fourfold increase in yearly deployments over the next decade. Zero Carbon Analytics
• [New] The International Energy Agency expects renewables, grids, and storage investments to post another record high in 2025, and investments in fossil fuels to decrease. investing.com
• [New] LG Energy Solution - Stellantis joint venture NextStar Energy will shift to producing batteries for energy storage systems at its Windsor, Ontario factory instead of EV batteries. JD Supra
• [New] Renewable energy supported by storage is the cheapest form of new power, a view backed up last week by the International Energy Agency, which found a scenario in which countries pushed for net zero by 2050 would leave consumers better off than a slower transition. Australian Broadcasting Corporation
• [New] Battery energy storage systems could become standard at datacenters as AI infrastructure expand, with analysts forecasting 20 GW of capacity deployed over the next decade. The Register
• [New] As the world powers toward decarbonization in 2026 and beyond, BYD lithium mine operations have rapidly emerged as a pivotal force in securing sustainable raw materials for electric vehicles (EVs), clean energy storage systems, and the rapidly growing green economy. Farmonaut
• [New] The lasting impact of Arctic shipping will extend beyond mere logistics, influencing global trade patterns, energy security, and international relations for decades to come. The Chronicle-Journal
• [New] As demand for energy storage solutions rises, the Indo-Japan JV will help diversify and stabilize the global supply chain for battery materials. Chemical Industry Digest
• [New] Added battery storage and demand-response resources mitigate shortfall risks in Texas, as in California and other states that have added significant new energy storage capacity over the past five years and introduced regulatory incentives to flex demand. Forbes
• [New] LGES is building a plant that will start producing cylindrical cells in Greater Phoenix next year and is opening a retrofitted plant in Madison, IL, that will pack cells together to be used in modules for energy storage. Battery Technology
• Itransition forecasts 152 million industrial IoT devices by 2025, driven by manufacturing automation, logistics tracking, and energy infrastructure monitoring applications. Quantumrun Foresight
• The global partners aim to implement the Global Energy Storage and Grids Pledge: to add or refurbish 25 million kilometers of power lines and create 1,500 gigawatts of storage capacity by 2030. BMUKN
• Nearly 70% of all new installed capacity between 2025 and 2030 will come from renewable energy, primarily solar PV and wind power, supported by utility-scale energy storage and modern grid infrastructure. Strategic Energy Europe
• The 2030s will witness the mass adoption of renewable energy sources and the widespread implementation of advanced energy storage technologies. Futurist Speaker on AI Leadership, Future of Work, Futu
• The 2040s will mark the transition from single-function energy storage to multi-functional battery systems. Futurist Speaker on AI Leadership, Future of Work, Futu
• Mexico will add 19,954 MW of renewable energy and 5,000 MW of energy storage by 2030. Strategic Energy Europe

Last updated: 14 December 2025