GTM: More than 21 states pack energy storage pipelines with over 20 MW
A total of 21 states have at least 20 MW of energy storage projects proposed, in construction or deployed, according to Greentech Media.
Ten states have storage project pipelines of 100 MW or more, according to Greentech Media’s newly released U.S. Energy Storage Data Hub.
Overall there is a total of 10,652 MW of storage projects under way or in service in the U.S., according to Greentech’s Data Hub.
Aggressive energy storage mandates are helping to spur the growth of the U.S. energy storage market. While most of the storage activity has been focused on California, Massachusetts is in the process of setting a state-wide storage mandate, and New York City has set of target of having 100 MWh of storage in place by 2020.
At the federal level, the Federal Energy Regulatory Commission’s notice of proposed rulemaking process could further push development by helping to eliminate barriers to entry that storage developers now face.
In all, there are 140 policies and regulations pending or in place concerning front-of-meter energy storage, according to Greentech Media’s new U.S. Energy Storage Data Hub.
“Front-of-meter energy storage markets are advancing at a feverish pace, enabled by an intricate set of drivers across states and wholesale markets,” Ravi Manghani, GTM Research’s director of energy storage, told Greentech Media.
Of the more than 10 GW of projects GTM is tracking, over 700 MW are installed and in operation, more than 150 MW are under construction, and nearly 10 GW are planned or announced, Daniel Finn-Foley, senior energy storage analyst at GTM said.
California represents the lion's share of this total, with more than 8 GW of projects online, under construction, or under development. “While many of these specific projects are in the very early stages of development and may not move forward, we forecast more than 1 GW of front-of-the-meter capacity to come online annually by 2022,” Finn-Foley said.
- Greentech Media 21 US States Have Energy Storage Pipelines of 20MW or More
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