Clean energy trade body ACP announced a commitment on behalf of the US energy storage industry to invest US$100 billion in building and buying American-made grid batteries.
According to the Q1 2025 US Energy Storage Monitor from Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP), energy storage installations surpassed 12GW in 2024.
The operating capacity of battery storage in the US grew by 7.9GW last year, bringing the country’s total cumulative installed base to 17GW by the end of 2023.
The US saw roughly triple the amount of grid-scale battery storage installed in the second quarter of this year as it did in the preceding quarter, in megawatt terms.
The US utility-scale battery storage sector achieved its highest-ever annual deployments in 2022, a year in which solar PV and wind underperformed against expectations.
US national Energy Storage Association (ESA) members voted to approve a merger with the American Clean Power Association, starting a “powerful new chapter for energy storage,” according to ESA Interim CEO Jason Burwen.