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The Utility-Scale Energy Storage Market Is Booming Again

The energy storage market is on pace for a record year, as utilities and larger power users increasingly turn to storage to enhance the grid and improve reliability

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Storage - NEW REPORT: U S Grid-Scale Energy Storage Installations Set New Record in Q2 2023 - Renewable Energy Magazine, at the heart of clean energy journalism

Storage - NEW REPORT: U S Grid-Scale Energy Storage Installations Set New Record in Q2 2023 - Renewable Energy Magazine, at the heart of clean energy journalism
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United statesWood mackenzieVanessa witteJohn hensleyAmerican clean power associationUs energy storageUs energy storage monitorStorage monitorRenewable energy magazineT the heart of clean energy journalismStorage new report us grid scale energy installations set record in q2 2023

U S grid-scale energy storage installations set new record in Q2 2023

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 installed capacity.

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US sets new quarterly record for energy storage installed

The U.S. energy storage market added 5,597 MWh in Q2 2023, a new quarterly record. This is according to the latest "U.S. Energy Storage Monitor" report

United statesVanessa witteWood mackenzieJohn hensleyUs energy storageUs energy storage monitorAmerican clean power associationAmerican clean powerAnalytics john