US energy storage sees ''first year of double-digit
“Energy storage has entered a new phase of growth with its first year of double-digit deployment. We are increasingly seeing the
Residential energy storage had a boom year for growth, deploying 1.25 GW in 2024, a 57% leap above 2023 totals. Residential battery installers had a record quarter in Q4 2024, rising 6% quarter-over-quarter by deploying 380 MW.
“Energy storage has entered a new phase of growth with its first year of double-digit deployment. We are increasingly seeing the industry's growth diversified across geographic regions, with 30% of storage capacity additions in Q4 2024 represented by New Mexico, Oregon, and Arizona,” said Kelsey Hallahan, ACP Sr. Director of Market Intelligence.
Grid-scale storage deployments alone are expected to reach 13.3 GW in 2025. Across all segments, Wood Mackenzie expects 15 GW of storage deployments, growing another 25% over the record year of 2024. “Energy storage has entered a new phase of growth with its first year of double-digit deployment.
Over 12.3 GW and 37.1 GWh of energy storage was deployed in the U.S. in 2024, Wood Mackenzie and the American Clean Power Association (ACP) reported. This represents 33% and 34% growth respectively over 2023 totals. Grid-scale storage deployments alone are expected to reach 13.3 GW in 2025.
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