Utilities are increasingly planning for energy storage (w/ charts)

The U.S. energy storage market over the last few years has been a true roller coaster. As measured by either capacity (megawatts) or duration (megawatt-hours), the amount of storage deployed has swung wildly from quarter to quarter.

And coming in the aftermath of more than 200 MW deployed during the fourth quarter of 2016 and the first quarter of 2017 – largely due to California’s need for capacity following the Aliso Canyon gas leak – Q3 was another quarter of relatively subdued deployment. In its quarterly Energy Storage Monitor, GTM Research reports 42 MW of energy storage deployed nationally, a 10% increase over Q3 2016.

Nearly 2/3 of this comes from a single 30 MW battery storage system in Texas. And while the commercial and industrial segment had a slow quarter with only 6.8 MW deployed, residential storage reached a record 4.2 MW…

 

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