The US Energy Storage Segment Could Peak at 12GWh in 2021

July 13, 2021 14:50:02

A report by Wood Mackenzie Power & Renewables, an analysis group, states that this year about 12GWh of energy storage may be installed in the United States, adding that the market will grow considerably in the near future. This forecast was included in the group’s most recent energy storage monitor report, which was published in collaboration with the National Energy Storage Association.

The group predicts that while last year’s deployments were about 3500megawatt hours, five years from now, the United States will be a 33,000 megawatt hours’ annual market, with a value of about $8.5 billion…


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