A report released Monday by consulting firm Wood Mackenzie and the American Clean Power Association found that the US energy storage industry added 1,680 MW/5,597 MWh in the second quarter of 2023, marking the strongest quarter on record and reversing two straight quarters of stalled growth. The grid-scale segment of the storage sector led the growth, contributing 1,510 MW/ 5,109 MWh to the total Q2 additions. The report also found that Q2 installations overall had “materialized notably lower than the project pipeline indicated, resulting in well over 2 GW of projects pushed to later years” and attributed this decline to supply chain difficulties and backlogged wind and solar projects in the interconnection queue. Wood MacKenzie projects that between 2023 and 2027, the U.S. storage market will install close to 66 GW. The residential segment is expected to grow to 2.2 GW in annual installations by 2027.

Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating







