US Storage Market Sets Power Capacity Record With Q1 Deployments

By [email protected] The U.S. energy storage industry installed a record amount of power capacity in the first quarter of 2019.

The 148.8 megawatts of new grid storage capacity represented a 232 percent growth over Q1 2018, according to the latest edition of the Energy Storage Monitor report produced by Wood Mackenzie Power & Renewables and the Energy Storage Association. The ESM tracks storage in terms of instantaneous power capacity (megawatts) as well as energy capacity (megawatt-hours).

Historically, the first quarter tends to be the smallest of the year for storage activity, but Q1 2019 narrowly edged out the last quarter of 2016 for the

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