Growth of Battery Storage in 2022

What is happening? Grid-scale energy storage installations quadrupled in the first quarter of 2022. It hit a high of 747 MW. IN 2021, Quarter 1, the total was 177 MW.

Why is this important? Large-scale storage is expected to reach 41 GWh by 2026, and residential battery installations are projected to reach 2.3 GWh by that same time year.

How will this be important? California leads the pack followed by Texas.

 U.S. Storage Monitor report published by Wood Mackenzie and the American Clean Power Association

Utility Dive | Energy storage soars despite international and national supply challenges: report