Wood Mackenzie said 96% of grid-scale deployments occurred in Texas and California. December 15, 2022 Ryan KennedyGrid-scale or utility-scale storage has set another record quarter for deployment, installing 4.7 GWh in Q3, 2022, building on the previous record of 4.6 GWh set in Q1, 2021, reported Wood Mackenzie. This is enough battery storage to power 150,000 homes for a day.“Demand in the grid-scale and residential storage segments continues to increase, despite rising costs and lingering supply chain challenges,” said Vanessa Witte, senior analyst with Wood Mackenzie’s energy storage team.The market is highly consolidated for grid-scale storage, with 96% of total installed capacity this quarter occurring in California and Texas, which are also the largest markets for utility-scale solar. Front-of-the-meter grid-scale storage is more highly concentrated in these markets than…
U.S. grid-scale and residential energy storage hit installation records in Q3 – pv magazine USA
