US to Lead Utility Scale BESS Projects in record time

Energy Storage Feed

The global utility-scale energy storage market is on track for a record year in 2021, with the United States(US) continuing to lead the way.

“The energy storage industry will begin significant multiyear growth in 2021, continuing until 2030, as the technology begins to form a core component of power grids in developed markets and new opportunities in developing markets continue to emerge;” said George Hilton, senior analyst of clean technology at IHS Markit.

“The global market for energy storage is maturing rapidly,” said Hilton.