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Battery Storage Soars on U.S. Electrical Grid

Battery Storage Soars on U.S. Electrical Grid

Firms are poised to put in file quantities of batteries on America’s electrical grid this 12 months, as authorities mandates and a steep decline in prices gasoline fast progress in energy storage.

The U.S., which had lower than a gigawatt of huge battery installations in 2020—roughly sufficient to energy 350,000 houses for a handful of hours—is on tempo so as to add six gigawatts this 12 months and one other 9 gigawatts in 2022, in keeping with S&P World Market Intelligence.

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