![](https://www.power-technology.com/wp-content/uploads/sites/21/2025/02/shutterstock_1086823526.jpg)
How important is PSH to the future of energy storage?
Renewable energy is gaining ground. According to leading data and analytics company GlobalData, thermal power accounted for approximately 48% of global total capacity in 2024, with solar photovoltaic (PV) and wind making up 32%. However, by 2031 solar PV …