June 10, 2019
By:
Walter G. Wright
Category:
Arkansas Environmental, Energy, and Water Law
Arkansas Environmental, Energy, and Water Law
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The Energy Storage Association (“ESA”) issued a June 4th news release titled:
U.S. Energy Storage Market Breaks Record for Megawatts Deployed in a Single Quarter, Growing 232% Year-Over-Year
The data was accessed from the U.S. Energy Storage Monitor from Wood Mackenzie Power & Renewables and ESA.
The first quarter of 2019 was stated to be the largest ever single quarter for U.S. energy storage deployments in megawatt terms, an increase of 232 percent year-over-year.
ESA cites as key findings from the report:
- 148.8 MW of energy storage was deployed in the United States in Q1 2019, growing 6% QOQ and 232% YOY
- 271.1 MWh of storage was brought online in the United States in Q1 2019, a 110% rise YOY
- Behind-the-meter (BTM) storage deployments constituted 46 percent of Q1 2019 U.S. energy storage deployments in MW terms in Q1 2019
- Front-of-the-meter (FTM) storage deployments constituted 54 percent of Q1 2019 deployments in MW terms in Q1 2019
- In Q1 2019 FTM storage deployments dropped 10% QOQ in MW terms but rose over 5x YOY
A copy of the news release can be downloaded here.
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