US energy storage deployment to triple in 2015, says GTM

March 6, 2015
LinkedIn
Twitter
Reddit
Facebook
Email

The deployment of energy storage in the US is set to triple in 2015 compared to 2014, according to a new report by GTM Research and the Energy Storage Association (ESA).

The pair’s inaugural US Energy Storage Monitor predicts that 220MW will be installed in 2015 with accelerating growth following in the next five years.

An estimated 180 grid-connected storage systems were connected in 2014 totalling 61.9MW, a 40% increase from 2013’s tally of 44.2MW.

The Avista Corporation takes delivery of a containerised storage unit in Washington state. Image: Avista Facebook page
“The US energy storage market is nascent but we expect it to pick up more speed this year,” said Shayle Kann, senior vice president, GTM Research. “Attractive economics already exist across a broad array of applications, and system costs are in rapid decline. We expect some fits and starts but significant overall growth for the market in 2015,” added Kann.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

Not ready to commit yet?
  • 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

The report also notes that two thirds of deployment so far has been in utility-firm PJM’s territory in the eastern US including Ohio, Virginia and Pennsylvania. It also picked out California as a leader with the state’s regulatory framework triggering major procurement by power companies.

“Demand continues to rise for energy storage solutions – for the entire range of applications,” said Matt Roberts, executive director, ESA. “Companies that understand the market opportunities and the competitive policies that are driving adoption are poised for immense growth,” added Roberts.

11 November 2025
San Diego, USA
The 2024 Summit included innovative new features including a ‘Crash Course in Battery Asset Management’, Ask-Me-Anything formats and debate-style sessions. You can expect to meet and network with all the key industry players again in 2025 from major US asset owners, operators, RTOs and ISOs, optimizers, software and analytics providers, technical consultancies, O&M technology providers and more.

Read Next

October 29, 2025
Hecate Grid, via a letter to the New York State Public Service Commission (NYPSC) has cancelled its 650MW Swiftsure battery energy storage system (BESS) in Staten Island, New York.
October 28, 2025
Eos announced its move to Pennsylvania, US, as well as agreements for energy storage projects with Talen Energy and MN8 Energy.
October 28, 2025
AEMO has reported a record 56.6GW of new generation and storage capacity in the National Electricity Market (NEM) development pipeline.
Premium
October 27, 2025
RedEarth’s Marc Sheldon admits that the company decided to push back the launch of Australia’s first locally manufactured V2G charger.
October 24, 2025
Energy Vault has acquired a 150MW battery energy storage system (BESS) in Texas. Meanwhile, Jupiter Power has entered an agreement with Austin Energy to provide 100MW of electricity from a BESS facility.

Most Popular

Email Newsletter