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U.S. Battery Storage Monthly
Gross Discharge Continues to Charge Ahead
Highlights:
The not so hidden secret is that the move toward renewable power face a powerful challenge. Intermittency. The sun doesn’t always shine and the wind doesn’t always blow.
Enter battery storage which can charge while wind & solar are producing power and discharge when they aren’t or act as peaking resources.
The U.S. battery storage build-out is at its infancy, but showing remarkable progress.
EnerWrap analyzes hard-to-find monthly EIA data on gross battery discharge to provides insights into this market.
U.S. gross battery storage generation in March was 818,460 MWHrs, up 16.4% versus last month and up 102.1% versus last year.
Last 12-month U.S. gross battery generation was 6.70 GWHrs
U.S. LTM gross battery generation was up 57.1% vs last year
U.S. operating battery storage capacity is currently 22,932 MW, with California representing nearly half of that capacity.
Operating and planned capacity totals 50,427 MW. Texas will surpass California in 2025.
The top-20 battery storage projects in US operated at 13.3% capacity factor YTD through March 2024 on a gross discharge basis. For context simple cycle gas plants operated at 14.1% capacity factor in 2023.
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