Business TREND. Energy Storage Predictions for 2019

  • energy storage cpaacity expected to double in 2019, deploying 1,681 MWh
    • In 2018 350.5 MW, 777 MWh was installed
  • 53% of it is behind themeter storage
  • Annual deployments to exceed 4.4 GW by 2024
  • Price reductions in costs are roughly 6% due to supply shortages

Hotspots for energy storage growth:

  • California
  • Texas
  • Hawaii
  • New York

Utility Dive | US energy storage market expected to more than double in 2019, report says