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Lithium demand from storage expected to slow to 5% annual growth

Summary by Pv Magazine USA
Benchmark Mineral Intelligence says it expects lithium demand from stationary energy storage to grow by around 5% a year to 2030, after rising more than 60% a year for the past two years.
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Benchmark Mineral Intelligence expects the demand for lithium for stationary energy storage to grow by about 5% per year until 2030, after having increased by more than 60% per year over the past two years PVMAGAZINE MEXICO The demand for lithium for stationary storage is expected to slow considerably after [...]

Benchmark Mineral Intelligence expects demand for lithium for stationary energy storage to grow by about 5% per year until 2030, after having increased by more than 60% per year over the past two years.

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pv magazine USA broke the news on Thursday, October 22, 2026.
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