China's monthly battery exports by region, 2018-2025Going global"These leading energy storage cell makers, they have full orders. The boom "is one of the biggest surprises of the year, I think, in China's energy space." "US AI data centre power demand is very robust, but power is the biggest bottleneck, and US baseload power — gas, nuclear, thermal — they won't grow much in the next five years." China's battery storage this year overtook its capacity of conventional pumped hydro, a geographically more limited technology that uses water stored behind dams to generate electricity when needed. However, much of that battery storage capacity has sat idle because it was not profitable to operate.

Source: The Edge Markets December 22, 2025 09:54 UTC