December 3, 2023

Wood Mackenzie

ACP: Solar, Storage Soar in Record-breaking Q3; Wind Sputters

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.

Report Touts Value of Demand Response, Flags Challenges Facing It
A Wood Mackenzie and CPower report highlights the importance of demand response and distributed energy resources in ensuring grid reliability.
Revolution Wind
Report Quantifies OSW Supply Chain Constraints

The offshore wind sector will need a $100 billion supply chain investment to meet the 2030 targets policymakers have set, a new analysis finds.

Wood Mackenzie/EIA
WoodMac: New Solar Hits 54% of New Generation in US in Q1
Recent reports from industry analyst Wood Mackenzie show new solar soaring but energy storage slumping.
Wood Mackenzie
WoodMac: More than 1.8 GW of US Energy Storage Projects Delayed in Q1
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.
Wood Mackenzi
Strong Growth, Challenges Reported in Grid-scale Energy Storage
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.
Our Energy Policy
Energy Storage Market Faces Innovation, Supply Chain Challenges
Despite supply challenges, the storage industry is innovating to optimize the value of lithium-ion batteries while also developing long-duration alternatives.
Wood Mackenzie
Solar Growth Expected to Slow from Supply Chain Challenges, Rising Prices
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.
WoodMac: Utility IRPs Driving Record Growth in Storage
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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