The US energy storage market experienced an 84% year-on-year rise in Q1, with three states, Nevada, California, and Texas dominating the market. New additions included 993MW/2,952MWh of grid-scale storage, a 101% increase from the previous year, and a 38% increase in total capacity for California. Nevada was the leader in this segment, with Texas taking 35% of total capacity. The association is looking forward to the US seeing its first double-digit year of installations by gigawatt, with Wood Mackenzie predicting that the grid scale segment alone will hit 11.1GW and 31.6GWh by capacity in 2024, and 12.9GW/35.8GWh across all segments combined in 2023. The US grid added 4,235MW across all scales and 12,351MWh in the final quarter of last year, including 3,983MW/11,769MWh.
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
