Market Report

United States battery energy storage operations 2023

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The US battery energy storage operations report summarizes the current state of storage operations, maintenance (O&M) and management as conducted in North American markets. This includes an examination of the O&M and management value chain, qualitative analysis of current industry trends, and quantitative assessment of costs, modelled using industry insights and Wood Mackenzie's unique supply chain data. Costs for O&M and management vary from project to project, but these projections represent a fair average among different business models and show the impact of trends affecting the industry in the short term. As of 2023, this is a recurring report, and compared to 2022 has updated cost data, expanded coverage of storage failures and fires, and improved analysis via linkage with other Wood Mackenzie storage reporting.

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    US battery energy storage operations 2023_PR.pdf

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