New research expects more than 850MW will be deployed across the market in this timeframe
The US is likely to quadruple its installed base of residential battery energy storage between 2018 and 2022.
That’s according to information firm IHS Markit, which says less than 200MW of residential battery energy storage was installed in the US prior to 2018 – it believes this figure will soon by eclipsed by more than 850MW being deployed.
The company says residential energy storage is already economically attractive in some markets when paired with solar photovoltaics but believes demand will shift from off-grid and backup systems to grid-connected units able to intelligently interact with other infrastructure.
Read more: Energy Live News