1、The growing role of batteries in the Age of ElectricityAraceli Fernandez,Head of the Technology and Innovation UnitEnergy Storage Summit,24thFebruary 2026,LondonIEA 2026Page 2STEPS2013-24CPS2024-35NZE2024-355 00010 0002013-24CPSSTEPS2024-35The Age of Electricity is hereTotal electricity demand growt
2、h(TWh)Electricity is key to major growth areas for the economy such as advanced manufacturing&AI.as growth resumes in advanced economies and strengthens across emerging markets.Electricity demand accelerates in all scenarios Advanced economiesEMDE excluding ChinaChinaAdvanced manufacturingElectric v
3、ehiclesDesalinationHeat pumpsData centresCooling and appliances in EMDEOther usesIEA 2026Page 3Renewable energy is on the rise led by solar PV,nuclear makes a comeback,and natural gas continue to grow.,natural gas continues to grow;Changing power systems are reshaping electricity securityElectricity
4、 generation in the CPS and STEPS Thousand TWhDispatchable power capacity in the CPS and STEPS Thousand GW20242035CoalNatural gasNuclearHydropowerSolar PVWindBioenergy&geothermal0123Battery storage4812201520242035Robust electricity security strategies require dispatchable sources,flexibility&resilien
5、ce,and modernised grids.IEA 2026Page 4Changing power systems are reshaping electricity securityDispatchable power capacity in the CPS and STEPS Thousand GW20242035CoalNatural gasNuclearHydropowerSolar PVWindBioenergy&geothermal0123Battery storageRobust electricity security strategies require dispatc
6、hable sources,flexibility&resilience,and modernised grids.Electricity sector investment(Billion USD,2024 MER)2505007501 00020152025Non fossil fuelsFossil fuelsGridsBattery storageGenerationGenerationbut grids lagged behind.Non-fossil sources drove growth in electricity generation investment in over