Market Report
APeC Distributed Energy Storage Report 2024
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Asia Pacific’s distributed storage segment is growing significantly. Wood Mackenzie forecasts that total distributed storage capacity in the Asia Pacific, excluding China (APeC) market will surpass 68 GWh by 2033. APeC markets, such as Australia and Japan, with non-regulated tariff structures, have seen rapid growth in the distributed storage segment. The growth of distributed storage is linked to distributed solar capacity, now the primary source of power capacity addition in APeC. We expect growth in distributed storage as costs continue to slide for both solar and storage. This report looks at the emerging APeC distributed storage segment and provides 10-year forecasts for 14 Apec markets. The results highlight the latest trends, summarise the main drivers and barriers, and outline strategic takeaways for different industrial players and governments.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
When the grid dies, solar and storage thrive: How a crumbling grid gave rise to a solar superpower in Puerto Rico
This insight spotlights Puerto Rico's emergence as a dominant force in the US distributed solar and storage markets.
$3,000
Commodity Market Report
APAC utility-scale energy storage pricing report 2025
Analysing the cost of lithium-ion BESS in the APAC utility-scale storage segment, with a 10-year price forecast by both system and component
$8,000
Asset Report
Mutara Hub (Banyan Koalindo Lestari) coal mine
A detailed analysis of the Mutara Hub coal mine.
$2,550
