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October 9, 2024
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US Storage Market Sees Strong Growth, Strong Headwinds
WoodMac-ACP Report Hails Record-breaking Q3, but Downgrades 2027 Forecast
Over the next four years, the U.S. energy storage market will remain focused on shorter-duration batteries, averaging about 3.5 hours of duration.
Over the next four years, the U.S. energy storage market will remain focused on shorter-duration batteries, averaging about 3.5 hours of duration. | Wood Mackenzie
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Grid- or utility-scale storage continues to be a primary driver of U.S. market growth, jumping 71% from the third quarter of 2022 to the same quarter this year.
Energy Storage