U.S.: Grid-scale and residential storage installations with new record

Wind Industry Profile of

Grid-scale and residential storage installations on the rise, but supply and pricing issues to remain throughout 2022

The U.S. energy storage market set a new record in the first quarter of 2022, with grid-scale installations totaling 2,399 megawatt hours (MWh), the highest capacity for Q1 on record. According to Wood Mackenzie, a Verisk business (Nasdaq: VSK), and the American Clean Power Association’s (ACP) latest U.S. Energy Storage Monitor report released today, the volume of U.S. grid-scale installations was four times the volume seen in Q1 of last year, despite continued procurement difficulties and project delays. “Quarter one of 2022 was the largest first quarter... ... More: Official Press Release ACP

Keywords:

USA, ACP, grid, storage, market, installations, pricing issues, supply, grid scale, MWh, capacity, Q1, quarter, region