The global industrial and commercial (I&C) energy storage market is experiencing unprecedented growth, driven by a confluence of policy mandates, economic incentives, and grid reliability challenges. According to BloombergNEF's 2025 Energy Storage Market Outlook, global energy storage deployments are projected to reach 183 GWh in 2026, representing a 45% year-over-year increase from 2025 levels [1]. This explosive growth creates significant opportunities for Southeast Asian manufacturers who can navigate the complex regulatory landscapes of target markets.
The United States leads global deployment through the Inflation Reduction Act (IRA), which provides 30% Investment Tax Credits (ITC) for energy storage systems paired with renewable generation, with additional bonuses available for meeting domestic content requirements and serving low-income communities [4]. This policy framework has transformed the US into the most financially attractive market for I&C storage, with project economics becoming viable even without additional revenue streams from grid services.
In Europe, the REPowerEU plan and Fit for 55 package have accelerated energy storage adoption by mandating renewable energy integration and grid flexibility solutions. The European Commission's target of 45% renewable energy by 2030 has created urgent demand for I&C storage systems that can provide grid stability services while reducing operational costs for businesses [5]. Germany, Italy, and the UK represent the largest European markets, each with distinct regulatory requirements that Southeast Asian exporters must understand.

