- Sep 5, 2018 5:32 pm GMT
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Three times as much energy storage capacity -- 156.5 MWh -- was deployed in 2018's second quarter than was the case in the corresponding period a year ago, according to the latest quarterly report from the Energy Storage Association and GTM Research (now Wood Mackenzie Power & Renewables).
New residential, "behind the meter" energy storage installations soared during 2Q'18, increasing 10-fold year over year. 2Q'18 was the first quarter in which newly installed residential energy storage capacity exceeded that on the utility side of the meter, the report authors highlight.
New installations in California and Hawaii accounted for 72 percent of 2Q's total in terms of MWh.
“So far in 2018, 24 states and the District of Columbia have taken some form of regulatory or legislative policy action with respect to energy storage, with even more states poised to do so in 2019,” ESA CEO Kelly Speakes-Backman was quoted in a news release.
“The industry is bullish about continued state action designed to ensure fair and equal access for storage to the grid and markets, to enable competition in all grid planning and procurements, and to capture the full value of energy storage.