Market Report
US energy storage monitor: Q4 2022
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 Q3 2022. 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. Q3 displayed strong grid-scale and residential storage demand, despite persistent supply chain challenges. The US grid-scale energy storage segment installed 1,257 MW/4,733 MWh, which is the highest record on quarter in MWh-terms. The residential segment installed over 160 MW/401 MWh, creating a new record for both MW and MWh deployments.
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