Guidehouse Insights says that the annual power capacity deployments of battery-based residential energy storage systems (RESS) are expected to grow at a CAGR of 21.3% from 2021 to 2030 globally.
Georgia Power has filed its 2022 integrated resource plan (IRP), highlighting the decreasing economic viability of it coal and seeking to add resources including renewables, gas and battery storage.
Annual residential battery storage installations in Europe passed the 100,000 mark for the first time ever in 2020, reaching a cumulative total of 3GWh capacity.