BOSTON Mass. and WASHINGTON D.C. (June 4, 2019) The United States non-residential storage market had its strongest quarter ever in Q1 2019, according to the new U.S. Energy Storage Monitor from Wood Mackenzie Power & Renewables and the U.S. Energy Storage Association (ESA). Q1 2019 was also the second strongest quarter on record for the U.S. residential storage segment.
Overall, Q1 2019 was the largest ever single quarter for U.S. energy storage deployments in megawatt terms, an increase of 232 percent year-over-year. The quarter was the second largest ever in megawatt-hour terms. The U.S. saw 148.8 megawatts of energy storage deployed in Q1 2019, breaking the previous megawatt record set in Q4 2018 by six percent.
“These first quarter numbers indicate that 2019 will be a banner year for energy storage in the United States,” said ESA CEO Kelly Speakes-Backman. “It’s become clear that states are already unlocking the potential of storage by passing legislation and creating regulatory frameworks to encourage energy storage deployment. The industry is responding by developing storage projects and creating jobs in their states.”
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