BATTERY STORAGE NOTE TO CLIENTS 110525
In this note, we are updating our BESS data for the latest construction and approval data.
OBBB driven construction surge (record 7 GW started); Offsetting data center demand; PJM too little too late
In this note, we are updating our utility-scale battery storage data, which includes a recent surge in construction and development activity.
Data trends firm dispite anecdotes; Record 15 GW approved / 6 GW started in Q1; California doing better
In this report, we are updating our utility battery storage data for Q1’25.
Pipeline steps up to 71 GW; Texas still @ top (AZ #2); New construction +10-20% 2025E (vs 35% last year); Beware of EIA data
In this report, we are updating our historical battery storage data for Q4’24 and publishing new forecasts for 2025E / 2026E. Broadly speaking, the storage market remains on firm footing, with growth continuing into this year
Another 4GW new construction starts (on track for 30% growth this year); Texas almost half; FLNC, TSLA, CSI share gains
With three quarters in the books, the U.S. utility scale storage market is on track to land +30% this year, not too far off from original expectations and better than most other renewable sectors.
New activity humming; Pipeline growing; FLNC/TSLA share gains; Raising our battery storage projections
In this note, we are updating our large scale battery storage data (ES-1, ES-3, ES-3.1, ES-3.2) after processing 2Q new construction starts, interconnections, and market share.
Momentum continues; Record new construction starts; FLNC+TSLA share gains
In this note we are updating our quarterly large scale battery storage (BESS) data.
25 developers that will build 70% of capacity; FLNC has 5 of them; AES big jump this year; New developer / integrator matrix
In this note, we break out our battery storage data, highlighting the 25 largest developers that will make up 70% of the utility-scale market in 2024.
Turning our satellites to the battery storage market; firm fundamentals with >12 GW starting this year; watching another 40 GW lining up
After slow growth in 2022, battery storage interconnections are finally accelerating. In fact, the U.S. is on track to interconnect more than 7 GW in 2023, almost double 2022.
Publishing a new BESS under construction database
Using our construction data as a guide, almost 70% of projects that come online over the next 18 months will likely be collocated.