By 2030, the global supply of utility-scale battery storage from second-life electric vehicle batteries is expected to reach 112 gigawatt hours. According to a study published by McKinsey & Company there will be a strong supply of degraded lithium-ion EV batteries which will have to be discarded as they will no longer meet automotive performance standards. This supply could, however, be exploited for less-demanding applications, such as energy storage services for better integration of renewables into electricity grids.
Projected utility-scale battery storage supply from second-life batteries worldwide between 2020 and 2030
(in gigawatt hours per year)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
McKinsey & Company. (April 15, 2019). Projected utility-scale battery storage supply from second-life batteries worldwide between 2020 and 2030 (in gigawatt hours per year) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1103245/utility-scale-lithium-ion-battery-supply-forecast/
McKinsey & Company. "Projected utility-scale battery storage supply from second-life batteries worldwide between 2020 and 2030 (in gigawatt hours per year)." Chart. April 15, 2019. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1103245/utility-scale-lithium-ion-battery-supply-forecast/
McKinsey & Company. (2019). Projected utility-scale battery storage supply from second-life batteries worldwide between 2020 and 2030 (in gigawatt hours per year). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1103245/utility-scale-lithium-ion-battery-supply-forecast/
McKinsey & Company. "Projected Utility-scale Battery Storage Supply from Second-life Batteries Worldwide between 2020 and 2030 (in Gigawatt Hours per Year)." Statista, Statista Inc., 15 Apr 2019, https://www.statista.com/statistics/1103245/utility-scale-lithium-ion-battery-supply-forecast/
McKinsey & Company, Projected utility-scale battery storage supply from second-life batteries worldwide between 2020 and 2030 (in gigawatt hours per year) Statista, https://www.statista.com/statistics/1103245/utility-scale-lithium-ion-battery-supply-forecast/ (last visited November 21, 2024)
Projected utility-scale battery storage supply from second-life batteries worldwide between 2020 and 2030 (in gigawatt hours per year) [Graph], McKinsey & Company, April 15, 2019. [Online]. Available: https://www.statista.com/statistics/1103245/utility-scale-lithium-ion-battery-supply-forecast/
