September 9, 2020
U.S. energy storage market reached second-highest quarterly deployment ever in Q2 2020
Topped only by the fourth quarter of the last year, the U.S. energy storage sector deployed 168 MW in the second quarter of 2020, according to the latest U.S. Energy Storage Monitor report from Wood Mackenzie and the U.S. Energy Storage Association (ESA).
“We are encouraged by the growth the energy storage market has seen this quarter,” Kelly Speakes-Backman, CEO of ESA, said. “Despite any setbacks from the coronavirus pandemic, the market for energy storage is poised to see significant growth in 2020. Looking out to future growth, we are confident that our expanded vision of 100 GW of new energy storage by 2030 is entirely reasonable and attainable, pushing us closer to reaching a more resilient, efficient, sustainable, and affordable electric grid.”
