1. Falling Costs, Rising Applications Will Boost US Energy Storage Market

    Falling Costs, Rising Applications Will Boost US Energy Storage Market

    The US energy storage industry has already enjoyed its best year ever, with 100 megawatts (MW) of new projects installed through Q3 2015 en route to an estimated 192MW of deployment in 2015, but past is not prologue and the industry is evolving – for the better. Annual energy storage installations will grow from 51 megawatt hours (MWh) in 2013 to 3,659 MWh by 2020 on the strength of improving economics and policy developments, predicted GTM Research Senior Vice President Shayle Kann at the keynote speech kicking off this week’s US Energy Storage Summit 2015.

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