Recently, the American Clean Power Association (ACP) released the second quarter 2024 market report, which showed that energy storage installed capacity reached the second highest in history and the overall clean energy installation capacity reached a record high.

The report shows that in the second quarter of 2024, the United States added 11GW of new utility-scale photovoltaic, energy storage and wind power installed capacity, a year-on-year increase of 91%. ACP said that the US clean power development pipeline expanded by 13% during the same period. Jason Grumet, CEO of ACP, said, "While all clean energy technologies are expanding their market share, energy storage is expanding at an astonishing rate.

According to data from ACP and Wood Mackenzie, in the first quarter of 2024, the installed capacity of utility-scale energy storage in the United States increased by 84%. In the second quarter of 2024, US developers put into operation 33 energy storage projects in 10 states with an installed capacity of 2.9GW. The cumulative installed capacity of energy storage in the United States exceeded 20GW and reached 21.6GW. Among them, 18 energy storage projects are supporting the construction of photovoltaic or wind power facilities, and the other 15 are independent energy storage.

From a regional perspective, California had the largest amount of new battery energy storage installed in the second quarter, totaling 1,353MW/5,397MWh, accounting for 46% of the total installed capacity in the United States; followed by Texas with 574MW/1,033MWh of new energy storage installed, ranking second in terms of growth rate; in addition, Arizona with 560MW/2,240MWh, Nevada with 185MW/740MWh and Hawaii with 102MW/408MWh rounded out the top five.

The report also shows that in terms of cumulative energy storage capacity, California, Texas, Arizona, Nevada and Florida occupy the top five markets. Currently, 43 states have utility-scale energy storage projects in operation, and as of June 30, 12 states have utility-scale energy storage capacity in operation exceeding 100MW.

In addition, the report shows that in the second quarter of 2024, about 1.4GW of onshore wind power and 6.7GW of photovoltaic power will be commissioned and connected to the grid, an increase of 41% and 124% respectively from the first quarter of 2023. As of June 30, the United States has more than 14GW of onshore wind power projects under construction, an increase of 5.5GW from the same period in 2023. Currently, the United States is building more than 4GW of offshore wind power, which is also the highest level to date, and the construction volume is expected to increase further soon.

Source：https://mp.weixin.qq.com/s/GMCUk46xzkAalLTGM4ynrA