While power demand is expected to continue to see strong growth in 2025 and beyond, the growth rate of low-carbon energy sources is now close to covering the entire demand increase. Global installed energy storage is on a steep upward trajectory.
The U.S. energy storage market added more than 2 GW across all segments in Q1 2025, marking the highest Q1 on record. The utility-scale segment led the way with more than 1.5 GW of new capacity, representing a significant 57% increase compared to Q1 2024.
The report tracks the grid-scale (aka utility-scale), commercial and industrial (C&I), including community storage and residential battery storage market segments in the US, with the latest edition published this week covering Q1 2024 numbers and trends.
Clean Power Quarterly Market Report | Q2 2024 The free public version of the report, which provides a summary of key takeaways and graphics from the full report, is available for download.
The US Energy Storage Monitor is a quarterly publication of Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP). Each quarter, new industry data is compiled into this report to provide the most comprehensive, timely analysis of energy storage in
Each quarter, we gather data on US energy storage deployments, prices, policies, regulations and business models. We compile this information into this report, which is intended to provide the most comprehensive, timely analysis of energy storage in the US.
The US Energy Storage Monitor is offered quarterly in two versions – the executive summary and the full report. The executive summary is complimentary to member companies and provides a bird''s eye view of the U.S. energy storage market and