The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

Estimated 427GW of energy storage in US interconnection queues alongside nearly 1TW of renewables

By Sean Rai-Roche
LinkedIn
Twitter
Reddit
Facebook
Email

There was almost 1TW of renewable energy capacity and an estimated 427GW of storage active in US interconnection queues at the end of 2021 according to a Lawrence Berkeley National Laboratory (LBNL) analysis, which also showed that queues were growing year-on-year.

In total, over 930GW of zero-carbon generating capacity is currently seeking transmission access. Solar accounts for a record 676GW of this generation – beating the previous record of 462GW at the end of 2020 – and wind power makes up 247GW.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Fossil fuels looking to connect are on the decline, however, with 75GW of natural gas and less than 1GW of coal currently proposed.  

Solar and battery storage are by far the fastest growing resources in the queues – together accounting for 85% of new capacity entries in 2021 –  but have some of the lowest completion rates, LBNL said. Clean energy organisations have long been calling for system reform to help more solar and storage get connected.

Meanwhile, hybrid projects comprise a large and growing share of proposed capacity in interconnection queues, particularly in CAISO and the non-ISO West, LBNL said, adding that 286GW of solar hybrids (primarily solar-plus-battery storage) and 19GW of wind hybrids are currently active in the queues.

To read the full version of this story, visit PV Tech, where it first appeared.

Read Next

April 11, 2024
AES Corporation has brought into commercial operation one of several large-scale renewable energy and battery storage projects in its development portfolio in Hawaii.
April 9, 2024
Developer and operator EsVolta has secured a US$185 million senior secured credit facility for its US battery energy storage system (BESS) project pipeline.
April 8, 2024
Investment manager Quinbrook Infrastructure Partners has closed funding for its Valley of Fire Fund, raising US$600 million in capital commitments from what it called “leading US and European institutional investors”.
April 3, 2024
The European Commission has approved a €1 billion (US$1.1 billion) state aid measure for Greece to support two solar-plus-storage projects.
Premium
March 27, 2024
The “momentum behind energy storage,” leading to its wider adoption across the grid in Europe is becoming increasingly undeniable, Energy-Storage.news Premium has heard.  

Most Popular

Email Newsletter