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2024 Data Center Energy Storage Industry Insights Report

Sept. 4, 2024

The data center industry is evolving rapidly with unprecedented speed and innovation, with battery storage solutions emerging as a key focus. To help industry professionals navigate these changes, ZincFive and Data Center Frontier have collaborated to produce this report, offering insights into the current landscape and future trends as predicted by their peers. Featuring contributions from 117 diverse industry professionals worldwide, this report examines the state of data center energy storage, covering usage, perceptions, priorities, challenges, future predictions, and the impact of AI.

Select data highlights include: 
•    Only a third of respondents (34%) said they completely trust their existing backup system.
•    When evaluating energy storage solutions, industry professionals prioritize safety (69%) and total cost of ownership (64%). Nickel-zinc (NiZn) batteries, along with valve-regulated lead acid (VRLA) and lithium iron phosphate (LFP) batteries, ranked highly for both safety and cost considerations.
•    Energy storage technology limitations (50%) and sustainability targets/mandates (44%) were driving the changes respondents considered for their energy storage technology. 
•    Four in five respondents (81%) said that sustainability criteria were important in their power system buying decisions.
•    Two-thirds (63%) said that their organization’s sustainability programs have resulted in some cost reductions, with one in five (19%) seeing significant cost reductions.
•    26% of respondents expect their runtime to decrease, 38% foresee no change, while the remaining respondents believe it could increase.
•    When asked what they were not getting out of their current battery backup/energy storage technology, respondents listed the following four top priorities in order of mention frequency: long life, reliability, sustainability, and cost reduction.

Download the full report from ZincFive to learn more!

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