U s energy storage hits record high in single quarter

Which states installed the most residential storage in Q3 2024?

The residential market set an all-time high with a record-breaking 346 MW of residential storage installed in Q3 2024, a 63% increase over the previous quarter. California, Arizona, and North Carolina led growth, installing 56%, 73% and 100% more residential storage in Q3 than in Q2 – despite residential battery supply shortages.

What's going on with residential energy storage?

Residential energy storage installations just hit an all-time high, and US grid-scale energy storage is coming on fierce. With a record-breaking 346 MW of residential storage built in Q3 2024 — a 63% increase over the previous quarter — the residential energy storage market has reached an all-time high.

Did residential installations hit all-time high in Q3?

Residential installations hit all-time high. Graph from American Clean Power. The grid-scale segment of the U.S. energy storage industry achieved a new Q3 record as well, with 3,431 megawatts (MW) and 9,188 megawatt-hours (MWh) deployed as the market continued its robust expansion.

Why is energy storage important?

“Energy storage is crucial for energy security and to help outpace rising demand.” The residential market set an all-time high with a record-breaking 346 MW of residential storage installed in Q3 2024, a 63% increase over the previous quarter.

Which states grew the most batteries in Q3?

Despite constraints in domestic battery supplies, California, Arizona, and North Carolina led the way in growth, installing 56%, 73%, and 100% more household storage energy in Q3 than in Q2. Looking back more broadly, the residential market set a new all-time quarterly record.

Which states installed more battery storage in Q3 compared to Q2?

California, Arizona, and North Carolina led growth, installing 56%, 73% and 100% more residential storage in Q3 than in Q2 – despite residential battery supply shortages. Community-scale, commercial and industrial (CCI) remained steady, with 29 MW installed, a slight 4% decrease from year-ago numbers.