The U.S. grid added a record 5,551 MW of utility-scale solar, wind and storage in the third quarter of 2023, according to a new report released Wednesday from the American Clean Power Association.
A Wood Mackenzie and CPower report highlights the importance of demand response and distributed energy resources in ensuring grid reliability.
The offshore wind sector will need a $100 billion supply chain investment to meet the 2030 targets policymakers have set, a new analysis finds.
Recent reports from industry analyst Wood Mackenzie show new solar soaring but energy storage slumping.
After a strong showing last year, the U.S. energy storage market shrank in the first quarter of 2023, with grid-scale installations dropping 21% year over year, according to a new report.
Grid-scale energy storage totaling 1.17 GW was installed across the U.S. in Q2 2022, a 212% increase from the same quarter of 2021, an industry report shows.
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Despite supply challenges, the storage industry is innovating to optimize the value of lithium-ion batteries while also developing long-duration alternatives.
Supply delays and rising prices will cut U.S. solar growth this year but petroleum price shocks from Russia’s invasion of Ukraine will help the sector recover.
Wood Mackenzie’s Dan Finn-Foley discussed the surge in storage resources during a webinar by the Energy Storage Technology Advancement Partnership.
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