The US energy storage sector deployed 4.8GW in 2022, close to the combined amount installed in 2020 and 2021, despite a “slight dip” in install figures towards the end of last year.
The figure comes from the latest edition of the US Energy Storage Monitor, authored by market research firm Wood Mackenzie Power & Renewables (WoodMac) and published in partnership with the American Clean Power Association (ACP) trade group.
The report is quarterly, but the newest edition, for Q4 2022, rounds up some of the headline statistics and trends for last year.
In 2020 and 2021, 5GW of energy storage was deployed across all market segments, making 2022 the “best year yet,” according to ACP vice president of research and analytics John Hensley.
“Cumulative operating utility-scale storage capacity increased by 80%. While we saw a slight dip in installations toward the end of the year, the trend is clear: Energy storage is on a rapid growth curve and is already a key component of building a resilient grid that supports abundant clean energy,” Hensley said today.
More: US installed almost as much battery storage in 2022 as previous two years combined