Storage targets have nearly tripled, but two economies did most of the work

Governments are setting bigger storage goals, but the numbers still fall short of what the world promised. A new, recently released report from Ember finds that global 2030 storage targets now add up to 822 GW. That is almost three times the 284 GW counted before COP29, a rise of 190%.

The pledge itself is far larger. The Global Energy Storage and Grids Pledge, signed by 74 countries at COP29, aims for 1,500 GW by 2030. That is a sixfold jump in global capacity. Even after the rise, targets cover only a little more than half of it.