Top
image credit: Pixabay

U.S. set to overtake South Korea in 2019 as world’s largest grid-connected battery energy-storage market

May 22, 2019

The United States in 2019 will become the world’s largest market for grid-connected battery energy storage, as solar-plus-storage and peaking capacity requirements drive increased procurement, according to IHS Markit.

Deployments of grid-connected energy storage in the United States this year are expected to amount to 712 MW. This represents a near-doubling from 376 MW in in 2018. On the strength of this performance, the United States will surpass South Korea, which will see the market drop below 600 MW or even significantly lower.

Read More on Power Engineering