US set deployment record with 2,156 megawatt-hours of new energy storage systems in Q4 2020 dailyenergyinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyenergyinsider.com Daily Mail and Mail on Sunday newspapers.
U S Energy Storage Installations Up 183% In Q4 2020 oilprice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilprice.com Daily Mail and Mail on Sunday newspapers.
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The report, produced by Wood Mackenzie and the US Energy Storage Association (ESA), pointed to continued price declines and “erosion” of barriers to deployment as key to front-of-the-meter (FTM) storage “taking off” in the country.
FTM accounted for 80% of the total energy storage roll-out in the quarter, with the segment contributing 529MW of the total 651MW brought online, while 90MW of residential storage (14%) was added.
“2020 is the first year that advanced energy storage deployments surpassed gigawatt scale – a tremendous milestone on the path to our aspiration of 100GW by 2030,” said Jason Burwen, the ESA’s interim CEO.