U.S. energy storage market sets new record in Q2

Wind Industry Profile of

Grid-scale leads with 5,109 MWh; CCI and residential segments decline

Across all segments of the industry, the U.S. energy storage market added 5,597 megawatt hours (MWh) in the second quarter of 2023, a new quarterly record. The grid-scale segment led the way with a record-breaking 5,109 MWh in Q2, beating the previous record in Q4 2021 by 5%, according to a new report released today.  According to Wood Mackenzie and the American Clean Power Association’s (ACP) latest U.S. Energy Storage Monitor report, the grid-scale segment drove the market and achieved 172% growth quarter-over-quarter. California dominated activity, with 738 megawatts (MW) and a 49% share of... ... More: Official Press Release ACP

Keywords:

ACP, report, Wood Mackenzie, USA, grid scale, energy storage, installation, record, Q2, MWh, industry, California, power