In 2017, U.S. grid storage developers promised they could deliver 35 gigawatts by 2025. They beat their target and made batteries a key power-sector player.
That goal sounded improbable even to some who believed that storage was on a growth trajectory. A smattering of independent developers and utilities had managed to install just 500 megawatts of batteries nationwide, equivalent to one good-size gas-fired power plant. Building 35 gigawatts would entail 70-fold growth in just eight years.
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The U.S. crossed the threshold of 35 gigawatts of battery installations this July and then passed 40 gigawatts in the third quarter, according to data from the American Clean Power Association. The group of vendors, developers, and installers who just eight years ago stood at the margins of the power industry is now second only to solar developers in gigawatts built per year. Storage capacity outnumbers gas power in the queues for future grid additions by a factor of 6.5, according to data compiled by Lawrence Berkeley National Laboratory.
In 2017, U.S. grid storage developers set an ambitious goal to install 35 gigawatts of battery capacity by 2025. By July 2025, the industry had surpassed this target, reaching over 40 gigawatts. This achievement underscores the rapid growth and importance of energy storage in the U.S. power sector, making it the dominant form of new power addition. The industry's success has also led to increased domestic battery manufacturing, aligning with the trend of onshoring production.
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