The global cumulative funding for long duration energy storage technologies amounted to 2.3 billion U.S. dollars in 2023, up from only 0.1 billion U.S. dollars in 2018. Metal-air technologies accounted for the largest share of the allocated funds, followed by pumped hydro, and novel chemistry projects.
Cumulative funding for long duration energy storage technologies worldwide from 2018 to 2023
(in billion U.S. dollars)
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Climate Tech VC. (March 31, 2023). Cumulative funding for long duration energy storage technologies worldwide from 2018 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1381018/long-duration-energy-storage-funding-worldwide/
Climate Tech VC. "Cumulative funding for long duration energy storage technologies worldwide from 2018 to 2023 (in billion U.S. dollars)." Chart. March 31, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1381018/long-duration-energy-storage-funding-worldwide/
Climate Tech VC. (2023). Cumulative funding for long duration energy storage technologies worldwide from 2018 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1381018/long-duration-energy-storage-funding-worldwide/
Climate Tech VC. "Cumulative Funding for Long Duration Energy Storage Technologies Worldwide from 2018 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Mar 2023, https://www.statista.com/statistics/1381018/long-duration-energy-storage-funding-worldwide/
Climate Tech VC, Cumulative funding for long duration energy storage technologies worldwide from 2018 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1381018/long-duration-energy-storage-funding-worldwide/ (last visited December 21, 2024)
Cumulative funding for long duration energy storage technologies worldwide from 2018 to 2023 (in billion U.S. dollars) [Graph], Climate Tech VC, March 31, 2023. [Online]. Available: https://www.statista.com/statistics/1381018/long-duration-energy-storage-funding-worldwide/
