BNEF raises US energy storage forecast by 30% on hyperscaler demand
· Energy · United States
BloombergNEF has raised its forecast for US energy storage deployment by 30% in its latest industry outlook. The consultancy said interest from hyperscalers — the large cloud and data-center operators — in on-site and nearby energy storage has converted into firm orders this year. The revision signals that data-center power demand is becoming a concrete driver of storage procurement rather than a speculative theme, and it lifts expectations for the US storage market as a whole.
Why it matters：Data-center electricity demand is becoming a structural driver of storage procurement, reshaping forecasts for utilities, developers and battery suppliers.
Key points
- BloombergNEF lifted its US storage forecast by 30% in its latest outlook
- Hyperscalers' interest in on-site and nearby storage converted into firm orders this year
Sources (original reporting)
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