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US Energy Storage Monitor 2015 Review: Key Insights You Can't Ignore

Updated Oct 16, 2020 | 1-2 min read | Written by: Energy Storage Technology
US Energy Storage Monitor 2015 Review: Key Insights You Can't Ignore

Why the 2015 Energy Storage Report Still Matters Today

Remember when smartphone batteries barely lasted a day? The energy storage sector in 2015 faced similar growing pains. The US Energy Storage Monitor 2015 Year in Review Executive Summary captured this pivotal moment when installed capacity reached 112 MW - enough to power 22,400 American homes. While that number seems modest today, it marked a 243% growth from 2014 that set the stage for modern grid-scale solutions.

Three Market Drivers That Shaped 2015

  • Utility-scale projects accounted for 60% of deployments
  • California led with 45% of total installations
  • Lithium-ion batteries dominated 85% of new systems

Storage Solutions That Changed the Game

The report highlighted Tesla's Powerwall launch - a residential storage system that made batteries as conversation-worthy as electric cars. Utilities meanwhile adopted flow batteries for long-duration storage, with projects like San Diego's 37.5 MWh system demonstrating 6-hour discharge capabilities.

Cost Trends That Made Analysts Sit Up

  • System prices dropped 18% year-over-year
  • Lithium-ion reached $500/kWh (half of 2010 costs)
  • Project ROI improved to 7-9 years for commercial systems

Policy Developments You Should Know

2015 saw FERC Order 784 requiring grid operators to consider storage's fast response capabilities. California's AB 2514 mandate created the first state-level storage procurement target - 1.3 GW by 2020. These regulatory moves became templates for 28 states that later adopted storage incentives.

The report's most quoted case study? The Aliso Canyon gas leak response. When Southern California needed emergency storage deployment, the industry delivered 100 MW in 6 months - proving storage could act as infrastructure Band-Aid.

Lessons for Today's Storage Projects

While current installations dwarf 2015 numbers, that year's executive summary remains essential reading. It documented the first viable business models for behind-the-meter storage and identified the duck curve challenge that still plagues solar-rich grids. The 243% growth spike taught developers crucial lessons about supply chain management that inform today's gigawatt-scale deployments.

US Energy Storage Monitor 2015 Review: Key Insights You Can't Ignore [PDF]
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