The projected job growth rates in the energy storage sector over the next decade are expected to be strong, driven by rapid market expansion and increased deployment.
- The global energy storage market is forecasted to grow at a compound annual growth rate (CAGR) of around 19% between 2025 and 2032, reflecting robust demand and investment in this technology.
- In the United States, battery energy storage capacity is projected to increase significantly from about 4,000 MW in 2020 to around 30.9 GW by 2025, which would require a considerable workforce expansion despite labor efficiencies reducing labor needs per megawatt by about 31% from 2020 to 2025 and another 20% from 2025 to 2030.
- Clean energy jobs overall, which include energy storage roles, grew at more than twice the rate of overall U.S. employment recently, with the utilities sector adding approximately 30,000 jobs in 2023 alone. This trend suggests accelerated job growth opportunities in sectors related to energy storage as clean energy deployment scales up.
- By 2030, global energy storage installations are expected to reach about 160 gigawatts (445 gigawatt-hours), more than twenty times the 2020 capacity, which will likely translate into substantial job creation in manufacturing, installation, operations, and maintenance associated with these systems.
While labor productivity improvements are expected to reduce jobs needed per megawatt over time, the sheer scale of deployment means total employment in the energy storage sector is anticipated to grow significantly through the next decade.
In summary, the energy storage sector is projected to experience rapid market growth of about 19% CAGR globally, with substantial job growth in the U.S. and worldwide driven by expanding deployments, even as labor needs per unit capacity improve. This points to strong and sustained employment opportunities in energy storage through the 2025–2035 period.
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