US energy storage installations hit Q1 record with 32% year-over-year growth, SEIA reports
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By Brian Martucci
Hot, fresh, and worth queueing round the block for.
Summary
US energy storage installations hit a Q1 record, rising 32% year-over-year according to SEIA's latest report. The clean energy trade group projects 613 GWh of deployment by 2030, driven largely by robust data center demand. However, federal policy gridlock threatens the industry's growth trajectory. Darren Van't Hof, SEIA's interim president and CEO, emphasized that energy storage provides insulation from fuel price shocks, lowers electricity costs, and strengthens grid reliability.
Key quotes
· 3 pulledEnergy storage's remarkable first quarter only underscores the fundamental values of this technology: it's insulated from fuel price shocks, keeps electricity costs down, and strengthens grid reliability.
The latest quarterly report forecasts 613 GWh of energy storage deployment on U.S. soil by 2030, up slightly from previous projections.
The business case for batteries continues to strengthen.
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