1. Data Shows Solid Growth for Energy Storage Market

    Data Shows Solid Growth for Energy Storage Market

    GTM Research provides quarterly data from monitoring energy storage capacity in the United States. According to the data, the U.S. deployed 50.4 MWh of energy storage in Q2 2017, up 6% year-over-year. Behind-the-meter deployments rose 140% quarter-over-quarter. The residential market rose 89% from Q1 2017 the data shows, while the non-residential market grew 151% from Q1 2017. A major portion of these increases resulted from accelerated pace of energy storage capacity growth in both California and Hawaii. Lithium-ion batteries dominated the energy storage market for the eleventh straight quarter, holding 94.2% of the market in Q2 2017.

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    1. Now that this preliminary work has been completed, an application for exploration permits will be submitted before the end of the year, so drilling and other work can begin as early as possible in 2018.
  2. Topics Mentioned

  3. Categories

    1. Electricity Source:

      Solar Photovoltaic, Wave, Tidal, Hydro, Wind
    2. Storage Market:

      Commercial & Industrial, Military, Residential & Community & Microgrid, Smart Grid, Utility Grid, Vehicle-to-Grid/Home
    3. Storage Technology:

      Compressed Air/Gas, Flow Battery, Flywheel, Hydrogen, Lead, Liquid Metal, Lithium, Magnesium, Mechanical Storage, Nickel, Sodium, Supercapacitors, Vanadium, Zinc
    4. Article Types:

      Null, Reports and Conferences