By 2026, the industry shows more diversification with those five countries representing only 51 percent of new storage capacity. Utility storage is likely to grow from today's 1,158.8 MW to 30,472.5 MW by 2026, according to Navigant. Distributed storage, used by residences and businesses, represents a smaller market, 683.9 MW in 2017 growing to 19,699.7 MW by 2026. What's driving the growth? For utilities, it's grid modernization, challenges related to increased renewables generation, changing regulations, and new business models, according to Navigant. Meanwhile, distributed storage gains traction as sophisticated software and control platforms virtually aggregate batteries so that they can participate in wholesale markets. Free executive summaries of the reports are available. See Country Forecasts for Utility-Scale Energy Storage and Country Forecasts for Distributed Energy Storage. Track the California microgrid market. Subcribe to the Microgrid Knowledge newsletter.