Business
We may be facing one of the worst economic downturns in American history, but it hasn’t stopped the surge in battery storage development.
We’re constantly hearing the phrase “world’s largest” or “record breaking” as new gigawatt-scale projects are unveiled weekly.
Small-scale batteries are being attached to more than one-third of residential solar systems for leading installers, making distributed batteries a staple of home energy offerings.
New markets like Texas are heating up. And utilities are putting batteries front-and-center in their 100% clean energy plans.
As a result: we will likely see a 14-fold increase in batteries deployed on the grid in the US over the next five years, according to our analysts at Wood Mackenzie Power & Renewables.
With us is the reporter at the front edge of all these developments: Julian Spector, a staff writer at Greentech Media.
Read Julian’s coverage here. And check out his newsletter.
The Interchange is brought to you by Stem, a global leader in artificial intelligence-driven energy storage services. By combining advanced energy storage solutions with Athena, a world-class AI-powered analytics platform, Stem enables customers and partners to optimize energy use by automatically switching between battery power, onsite generation and grid power. Find out more.
The Interchange is also brought to you by GTM Creative Strategies. You’ve got a story to tell, and we’re here to help you tell it, including custom podcasts. GTM Creative Strategies leverages unmatched editorial credibility, top creative minds and seasoned analysts to drive unparalleled brand awareness that puts you ahead of your competitors. Find out more.
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