Energy storage growth shows no sign of slowing down

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“Energy storage will reap the benefits of a foundation laid in 2017 — when regulated utilities took the helm of massive storage projects. The resource’s market growth is expected to continue well into this year, analysts say, as states begin compelling utilities to include it in their long-term planning processes. Stakeholders have pressed California regulators to consider cleaner sources of energy as an alternative to the plant. In the end, the developer NRG Energy suspended its application, while the utility Southern California Edison said it would consider storage as one of the resources. These examples are part of a broader trend of utility investment in storage.”

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