Market Research Report
Leading US States for Utility-Scale Energy Storage
|Published by||Guidehouse Insights (formerly Navigant Research)||Product code||948449|
|Published||Content info||20 Pages; 3 Tables, Charts & Figures
Delivery time: 1-2 business days
|Leading US States for Utility-Scale Energy Storage|
|Published: July 2, 2020||Content info: 20 Pages; 3 Tables, Charts & Figures||
The US utility-scale energy storage market has been the world's largest and fastest growing since 2015 and is projected to maintain that position through 2023. In the US, utility-scale energy storage has quickly transformed from an expensive and poorly understood niche technology to a major source of new investment with thousands of megawatts of new projects being developed.
However, the US market is highly fragmented with only a few US states accounting for most activity. New states are emerging as strong markets, but each state has varying market structures, regulations, economic applications for projects, and other considerations. Understanding the differences between states in terms of their market structures, utility processes, competitive landscape, and supportive policies is critical for success in the energy storage industry.
This Guidehouse Insights report is intended to highlight large and promising state markets, and explore the landscape of market drivers, policies, and new projects in each of the 10 leading states. Forecasts for new utility-scale energy storage deployments are provided for the top 10 US states and the country's market in its entirety. This report also provides an update to US market forecasts considering recent changes, including the impact of the COVID-19 pandemic.