Molten Salt Thermal Energy Storage Market By Share, Size & Forecast 2028 | TechSci Research

Global Molten Salt Thermal Energy Storage market has valued at USD 2.58 Billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 12.07%. Renewable energy integration is a primary driver of the global molten salt thermal energy storage market, shaping the future of sustainable energy solutions. As the world strives to reduce its reliance on fossil fuels and combat climate change, renewable energy sources like solar and wind power are becoming increasingly vital. However, these sources are inherently intermittent, generating electricity only when the sun is shining, or the wind is blowing.

Key Market Players

Yara International ASA

Acciona, S.A.

Abengoa SA

BrightSource Energy, Inc.

SENER Grupo de Ingenieria, S.A.

SolarReserve, LLC

Engie SA

SCHOTT AG
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