US Energy Storage Monitor
The US Energy Storage Monitor is a quarterly publication of Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP). Each quarter, new industry data is compiled into this
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The US Energy Storage Monitor is a quarterly publication of Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP). Each quarter, new industry data is compiled into this
Despite actions in Washington targeting clean energy, over 600 GWh of energy storage is expected to be installed by 2030. This rapid deployment will help lower energy costs, enhance
We compile this information into this report, which is intended to provide the most comprehensive, timely analysis of energy storage in the US. The US Energy
The battery storage industry in the U.S. has grown in leaps and bounds in recent years, surpassing its most aggressive targets to become one
By responding instantly to fluctuations in electricity supply and demand, energy storage balances power generation from all resources and frees up power plants, like natural gas, to serve as baseload
The U.S. energy storage market size crossed USD 106.7 billion in 2024 and is expected to grow at a CAGR of 29.1% from 2025 to 2034, driven by increased
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To support the global transition to clean electricity, funding for the development of energy storage projects is required. Pumped hydro, batteries,
In 2025, capacity growth from battery storage could set a record as we expect 18.2 GW of utility-scale battery storage to be added to the grid. U.S. battery storage already achieved record growth in 2024