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
The Rise of the Electric Car: How Will it Impact Oil, Power and Metals?
This Wood Mackenzie report provides data-driven insight into the impact of global electric vehicle adoption on oil, power and metals markets. Today, electric vehicles make up less than 1% of the 8...
$5,990US distributed solar-plus-storage 2025 outlook
This report provides a comprehensive analysis of the US distributed solar-plus-storage market.
$5,990Latin America levelised cost of electricity 2023 (LCOE)
This report provides an analysis and outlook to 2050 for power technology and generation cost trends in Latin America.
$15,000
