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
US commercial and industrial storage outlook 2025
Comprehensive five-year market outlook for the US commercial and industrial storage market.
$5,990US energy storage monitor: Q3 2025
US energy storage monitor: Q3 2025
$5,000When the grid dies, solar and storage thrive: How a crumbling grid gave rise to a solar superpower in Puerto Rico
This insight spotlights Puerto Rico's emergence as a dominant force in the US distributed solar and storage markets.
$3,000
