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)
Characteristic
Cumulative funding 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 July 22, 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 July 22, 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: July 22, 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 July 22, 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/