1. US Residential Storage on the Rise in Another Record-Breaking Year

    US Residential Storage on the Rise in Another Record-Breaking Year

    Energy storage enjoyed another record-breaking year of deployments in the US in 2018, while the residential segment is now “moving beyond early adopters” and into commercial viability, a report from Wood Mackenzie Power & Renewables claims. Prepared in collaboration with the national Energy Storage Association, US Energy Storage Monitor 2018 Year-in-Review follows on from Wood Mackenzie’s quarterly editions of the report produced throughout the year. Published at the beginning of this week, the company reports “robust growth” in both front-of-meter and behind-the-meter segments of the market through 2018, with 777MWh of energy storage connected to the grid – an 80% increase over 2017 install figures.

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  1. Quotes

    1. The residential market is moving beyond early adopters who are seeking out storage systems for backup power.
    2. The value of front-of-the-meter energy storage is being recognized by an ever-expanding range of stakeholders. Its diversity and flexibility will drive the FTM market to the GW-scale by 2020, with further potential upside as non-traditional markets continue to emerge.
  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, Thermal, Vanadium, Zinc
    4. Article Types:

      Null, Reports and Conferences