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Friday Briefing: Led by BTM, Europe overtakes the US in 2023 deployments

Europe's big battery storage year leads this shorter than usual Friday Briefing, with Solar Media’s offices closed for a short break. ....

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Record-setting US energy storage market bull run on an 'accelerating trajectory'

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The report, produced by Wood Mackenzie and the US Energy Storage Association (ESA), pointed to continued price declines and “erosion” of barriers to deployment as key to front-of-the-meter (FTM) storage “taking off” in the country.
FTM accounted for 80% of the total energy storage roll-out in the quarter, with the segment contributing 529MW of the total 651MW brought online, while 90MW of residential storage (14%) was added.
“2020 is the first year that advanced energy storage deployments surpassed gigawatt scale – a tremendous milestone on the path to our aspiration of 100GW by 2030,” said Jason Burwen, the ESA’s interim CEO. ....

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Greentech Media's Must-Read Energy Storage Stories of 2020

The coronavirus pandemic brought the broader economy to a halt, but the energy storage industry didn t get the memo.
Instead, developers made this year the biggest ever for battery installations in the U.S. More capacity is going into homes than ever before, helping families make better use of rooftop solar investments and keeping the lights on during outages. Large-scale projects reached new heights, including LS Power s completion of the largest battery in the world, just in time to help California grapple with its summer power shortage.
Just a few years ago, energy storage was a niche item, something people built in the very few locations where a higher force compelled it. Now, utilities across the country are using batteries to solve numerous grid problems and planning far more for the near future. And the most boisterous of power markets, Texas, has finally broken open for storage developers, with major projects already underway. ....

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Unpacking the Energy Storage Industry's Biggest Quarter Ever

Unpacking the Energy Storage Industry's Biggest Quarter Ever
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