Australia’s battery storage market had a record-breaking year in 2023 across utility-scale, residential, and commercial and industrial (C&I) segments.

Europe has seen its first year when energy storage deployments by power capacity exceeded 10GW in 2023.

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.

Rooftop solar and utility-scale energy storage growth led renewable energy to fulfil almost 40% of Australia’s electricity supply in 2023.

Research firm Wood Mackenzie has downgraded its forecasts for US demand for energy storage in 2022 and 2023 by around one-third, in its most recent global outlook report.

Some 5GWh of utility-scale battery energy storage was deployed in the first half of 2022, up one third while wind and solar fell 50-70%, according to American Clean Power (ACP).

Battery storage capacity in the US more than tripled to 4,631GW in 2021 and increasingly broadened out of ancillary services, according to the Energy Information Administration (EIA).

Battery storage is leading provider of frequency control ancillary services (FCAS) in the National Electricity Market.

Australia logged its first year of annual battery storage deployment exceeding 1GWh in 2021.

It may be the height of summer but there’s no respite for the Solar Media Podcast, the new episode of which is packed full of insight as the US begins its clampdown on solar imports.