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U.S. Energy Storage Association’s (ESA)

Remarkable year for US energy storage sector as the Q4 market breaks records

Wed, 03/11/2020 - 13:55 -- Paul Crompton

The US has set a new energy storage deployment record during the final quarter of the year as markets across all segments showed signs of growth.

The US energy storage sector deployed 186MW/364MWh of storage in Q4 to set a power capacity record last year, according to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest ‘US Energy Storage Monitor’ report.

Front-of-the-meter (FTM) applications took the lion’s share of the market for the first time in three quarters as deployment jumped 160% to 104MW in Q4 2019— or 56% of all quarterly deployments, in MW terms.

The non-residential BTM sector deployed 42.2MW in the final quarter of last year, its second-strongest quarter on record, while the residential market saw 40.4MW installed in the same time period.

 

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