US energy storage monitor: Q2 2021 Report

Market Report 08 June 2021

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Report summary

The US Energy Storage Monitor explores the breadth of the US energy storage market. This quarter's release includes an overview of updates in the US energy storage market, with new deployment data from Q1 2020. It includes key trend analysis for policy landscape, system price trends, VC investments, M&A, vendor activities and deployments across residential, non-residential and front-of-the-meter segments. The report culminates in a market outlook through 2026. In Q1 2021, the US energy storage market installed 281.5 MW, a 115% increase over Q1 2020. Q1 is expected to be the smallest quarter in terms of FTM deployments in 2021, as an unprecedented number of planned storage projects come online across several states this year.