US utility solar-plus-storage: The rise of hybridization
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
With utility PV capacity paired with energy storage expected to grow at an average rate of 97% over the next 4 years, utilities are increasingly favoring solar-plus-storage projects. This insight discusses the growth seen in solar-plus-storage procurement, utility long-term resource plans, and how state and wholesale market policies are incentivizing the buildout of solar-plus-storage projects locally.
Questions about the contents of this insight? Reach out at contactus@woodmac.com
Other reports you may be interested in
France power market long-term outlook: May 2025
We present our May 2025 long-term outlook for the French power market, with integrated supply-demand analysis and prices to 2060.
$15,000Africa solar PV market outlook 2025
Our Africa solar PV outlook covers the key market drivers and challenges for utility-scale, C&I and residential solar development.
$5,990Mexico gas, power and renewables strategic planning outlook 2025
Our flagship market fundamentals outlook to 2050.
$8,000
