The US Energy Storage Market Kicks Into High Gear

The latest numbers for U.S. energy storage activity are out.
They show a surge of activity coming over the next five years,
leading to 6x market growth.

By 2024, the storage market will be worth $4.7 billion, driven
evenly by utility-scale and behind-the-meter battery projects.

On this week’s Energy
Gang
episode, we’ll unpack the numbers in the latest
Energy Storage Monitor
from Wood Mackenzie and the Energy
Storage Association. They show a doubling and then a tripling of
storage to come — making batteries an important part of utility
planning in every region of the country.

Where’s growth happening, and what does it mean for grid
planning?

Then, with many farmers in crisis, more of them are putting
solar on their land. That’s providing new sources of income, but
many fear it could take prime croplands out of commission. How do
we site solar on agricultural lands properly?

And finally, what is going on over at Tesla? We’ll make try to
make sense of the confusing series of decisions at the company.

Recommended reading:


  • GTM
    : U.S. Energy Storage Broke Records in 2018, but the Best
    Is Yet to Come

  • GTM
    : APS Plans to Add Nearly 1 GW of New Battery Storage and
    Solar Resources by 2025

  • Washington Post
    : The Next Money Crop for Farmers

  • Interchange podcast
    : What’s Up With Tesla Energy?

  • New York Times
    : Tesla Says Never Mind, It Raises Prices and
    Keeps Most Stores

  • Bloomberg
    : Musk Pledges Belt-Tightening as Tesla Cuts Prices,
    Warns of Loss

Support for this podcast comes from Dandelion Energy, the
leading home geothermal company. Dandelion is making it easier for
homeowners to get geothermal. Customers who switch to geothermal
heating save on average $2,250 per year. See if your home
qualifies
.

We’re also brought to you by Wunder Capital. Listen to our
careers episode produced with Wunder Capital. We talked
with Wunder CTO Dave Riess about the framework he used to
completely change his career path into solar — eventually
co-founding a successful company. Listen to that episode
in The
Interchange
 feed or find
it here
.

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Gang
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Source: FS – Transport 2
The US Energy Storage Market Kicks Into High Gear



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