Intelligence
U.S. may add 15GW of new energy storage installations this year, 4.2GW in H1
2024-08-29 18:28

According to a study by the U.S. Energy Information Administration (EIA), battery energy storage systems account for the second-largest share of the installed capacity of new U.S. electric generating facilities in the first half of 2024. If all of the planned energy storage additions come online and operate, the U.S. may deploy a record 15GW of installed battery storage system capacity this year.

According to the contents of the U.S. Energy Information Administration's recently released Monthly Inventory of Generating Facilities report, U.S. developers and generating facility owners deployed a cumulative total of 20.2GW of utility-scale generating facilities in the first half of this year, an increase of 3.6GW compared to the same period in 2023.

Solar farms accounted for the largest share (59%) of installed capacity additions to power generation facilities, at nearly 12 GW. close behind were battery storage systems, which accounted for 21% of additions, at 4.2 GW.

New U.S. battery energy storage system additions are concentrated in four states: California (37% of installed capacity of new battery pack storage systems), Texas (24%), Arizona (19%) and Nevada (13%). The 380 MW Gemini Plant battery storage system operating in Nevada and the 300 MW Eleven Mile Solar Center battery storage system operating in Arizona are the two largest battery storage projects in the U.S. to come online in the first half of 2024.

According to the report's latest figures, another 42.6GW of power generation facilities are expected to be deployed in the US in the second half of this year.

Wind power facilities accounted for 12% (2.5GW) of the installed capacity of new generating facilities in the United States. Meanwhile, installed nuclear capacity is increasing with the opening of Unit 4 (1,114 MW) at the Vogtle Nuclear Power Plant in Georgia.

The pace of retirement of U.S. generating facilities slows in 2024. In the first half of the year, 5.1 GW of generating facilities were retired, down from 9.2 GW in the first half of 2023.In the first half of 2024, 53% of the U.S. retired generating facilities were natural gas-fired power plants, followed by coal-fired power plants at 41%.

Looking ahead, developers plan to add 42.6GW of new power generation facilities in the U.S. in the second half of 2024. Nearly 60% of this installed capacity will come from solar power facilities (25GW), followed closely by battery storage systems (10.8GW) and wind power facilities (4.6GW).

If all of the solar power facilities that utilities plan to deploy can be deployed, the U.S. will add 37GW of new installed solar power facility capacity in 2024 and will set a new record, almost double last year's 18.8GW.

If all of the planned energy storage additions are deployed, the U.S. could add another 15 GW this year. planned energy storage deployments in Texas and California will account for 81% of the installed capacity of new battery storage systems in the U.S. later this year.

In addition, the U.S. plans to retire approximately 2.4GW of power generation facilities in the second half of 2024, including 0.7GW of coal-fired plants and 1.1GW of natural gas-fired plants.

Source: https://mp.weixin.qq.com/s/R0nDtZtghvCq_mJzkHzjaA

 
Tags:battery , energy storage
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