The UK and Ireland’s energy storage pipeline is rapidly growing, with co-located solar PV and storage comprising around 20% of planned capacity, writes Mollie McCorkindale of Solar Media Market Research.
Europe’s annual battery storage deployments doubled in 2023, but the pace of adoption is still much slower than required, according to SolarPower Europe.
Utility-scale battery energy storage system (BESS) installations in the US grew 196% to 2.6GW in 2021 but overall clean power installations fell 3%, according to the latest annual figures from the trade body American Clean Power Association (ACP).
Research firm IHS Markit has said that 2021 marks the start of a continued period of rapid growth for the global energy storage industry, forecasting more than 12GW installations in total this year.
The pipeline for utility-scale battery storage in the UK has been continually increasing and is now over 20GW across more than 800 projects. A recent surge in submitted applications for battery storage has led to a record breaking quarterly submitted capacity for Q2’21.
The US deployed 42% megawatts more energy storage in the second quarter of this year than in the first, with residential installations overtaking utility deployments for the first time.
US utilities deployed more than 520MWh of energy storage on their networks in 2017, bringing the country’s cumulative installed capacity of grid-connected energy storage systems to over 1GWh, trade organisation Smart Electric Power Alliance (SEPA) has found.
In the second part of our interview with Valts Grintals, analyst at Delta-ee we discuss why behind-the-meter energy storage, including commercial and industrial (C&I) and residential installations, contributed so much to the market’s recent success.
Europe’s installed base of electrical energy storage leaped by almost 50% during 2017 but perhaps the bigger takeaway is the growing share of battery systems installed behind-the-meter, an analyst has said.
