You know that major companies like General Motors are getting into the battery storage industry, and the reason it’s so attractive is that battery storage is the fastest-growing energy technology. The International Energy Agency explains:
Battery storage is the fastest growing power technology today. In 2025, 108 GW of new battery storage capacity was deployed worldwide, 40% more than in 2024. Installed capacity is now eleven times higher than in 2021. Lithium‑iron phosphate (LFP) batteries now account for around 90% of deployments; while less energy‑dense than rival chemistries commonly used in EVs, LFP batteries are typically cheaper and better suited to more frequent cycling. Just five years ago, the market share of LFP batteries in deployments was well below 50%.
Action Line: Perhaps the best part about battery storage is that it isn’t limited to massive power companies. You can put some power away in the pantry at your house with batteries from Tesla, Enphase, Generac, or any of a number of other companies with whole-house battery solutions. Click here to subscribe to my free monthly Survive & Thrive letter.
Read the entire series here.
