The U.S. energy storage industry delivered record deployments in 2018, driven by a strong fourth quarter for utility-scale projects. But the new achievement for the young industry pales compared to what’s to come: an expected doubling in 2019, followed by a tripling in 2020. Such growth will propel energy storage out of pilot-scale projects and into grid planning conversations around the country. Battery installations for 2018 totaled 311 megawatts and 777 megawatt-hours, according to the new Energy Storage Monitor released by energy research firm Wood Mackenzie and the Energy Storage Association, with data from Q4 and 2018 as a whole. Smaller-scale batteries in residential and commercial sites had collectively outperformed the utility-scale segment for the previous four quarters in terms of megawatts deployed. Q4 broke that losing streak and made up for an otherwise low-output year for the large-format batteries.
Green Tech Media 5th March 2019 read more »