UK Energy Storage Industry
Discover the UK’s Energy Storage industry and the companies designing and producing innovative technologies to store electricity. View company data, industry trends, market size, growth stats, financials and download our free sector report today.
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What is Energy Storage?
Energy Storage is the capture of energy to be stored and used at a later date. There are many forms of Energy Storage and different practices used today including hydrogen, thermal, mechanical and battery storage.
With a focus on renewable energy and the modernisation of electric grids, the UK Energy Storage industry is thriving, with companies developing new innovative technologies and methods to store electricity or heat.
Energy Storage sector summary
Discover real-time data and insights sourced directly from The Data City platform, driven by our innovative Real-Time Industrial Classifications (RTICs). Our RTICs harness the power of web data and machine learning, and are published with industry experts for precision and relevance.
Here are the key facts about the Energy Storage sector. The sector has a turnover of £33.7bn currently, has received £5.8bn of investment and the sector is growing at 7.2% per year.
Energy Storage verticals
Our industry data goes deep. See the top verticals and specialisms making waves in the UK Energy Storage industry today.
Our Energy Storage RTIC is made up of 5 individual verticals. The top verticals in this sector include Batteries, and Mechanical. You can find out more about the verticals by downloading our RTIC report, or by signing up for a free trial of The Data City platform.
- Sector Code Description Records
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RTIC0013 Energy Storage 2421 companies
Companies designing and producing innovative technologies to store electricity or heat that has been previously produced.
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Energy Storage: Batteries1991 companies
Companies engaging in the production and development of battery technology.
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Energy Storage: Hydrogen312 companies
Companies using hydrogen as a resource for energy storage.
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Energy Storage: Mechanical344 companies
Companies providing the infrastructure and products that enable mechanical energy storage
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Energy Storage: Thermal125 companies
Companies providing the infrastructure and products that enable thermal energy storage.
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Energy Storage: Uninterruptible power supply272 companies
Companies developing the technologies and related products to build infrastructures that allow for uninterrupted energy supply
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Energy Storage industry growth
Based on a growth rate of 7.2%, we expect that this sector could be worth £36.8bn by 2026. Below you can see our forecast of the growth of the sector.
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