US energy storage set a new record in Q1 2025 but the future
US energy storage set a Q1 record in 2025 with 2 GW added, but looming policy changes could put that growth at serious risk.
Storage deployment in the United States grew across all segments and is forecast to grow another 25% in 2025, according to Wood Mackenzie. Across all segments, including residential, commercial and industrial, and utility-scale, energy storage had year-over-year deployment growth in 2024.
According to the Q1 2025 US Energy Storage Monitor from Wood Mackenzie and the ACP, energy storage installations surpassed 12GW in 2024.
Mainland China accounts for most of the global energy storage demand, driven in the near term by regional requirements for new utility-scale wind and solar projects to include energy storage capacity. However, the Chinese market is entering an era of change.
California, Texas, Arizona, Nevada and Florida are the top five markets for cumulative operating energy storage capacity, according to ACP's Q2 report. Utility-scale battery storage projects are operational in 43 states, and 12 states have more than 100 MW of operating utility-scale storage capacity as of June 30, ACP said.
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