U.S. energy storage market to reach 50 Gigawatts

A recent analysis by The Brattle Group notes that the energy storage market in the United States is estimated to reach 50,000 MW (50 Gigawatts).

A situation that is only plausible should battery prices continue their decline with support from state and federal policies.

Recent decisions by the United States Federal Energy Regulatory Commission (FERC) could boost storage growth while support in developing rules that level the playing field for traditional generators and grid edge technologies continues to grow as well.

“Combining the FERC policy with state-level initiatives that enable storage to capture all available value streams will likely increase its market potential by three to five times compared to a future that limits storage to capturing only wholesale market benefits,” said the Brattle group.

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