Menu

Menu

  • Home
  • About Us
  • Products
  • Contact Us
Close

U.S. Energy Storage Monitor 2018: A Retrospective Analysis of Market Dynamics

Updated Nov 29, 2020 | 1-2 min read | Written by: Energy Storage Technology
U.S. Energy Storage Monitor 2018: A Retrospective Analysis of Market Dynamics

Market Landscape in 2018

When the U.S. Energy Storage Monitor 2018 report landed on industry desks, it revealed a sector experiencing exponential growth – think of it as the "puberty phase" of energy storage development. Battery installations surged 57% year-over-year, with front-of-meter projects driving 85% of total deployments. California and Hawaii emerged as early adopters, their renewable integration challenges making them perfect test beds for storage solutions.

Key Drivers of Storage Adoption

  • Utility-scale solar pairing (like peanut butter and jelly for renewable integration)
  • FERC Order 841 removing market barriers for storage participation
  • Lithium-ion costs dropping 18% annually – remember when a 1MW system cost $1.2M? Those were the days!

Technology Battleground

While lithium-ion dominated 85% of new installations, 2018 saw interesting developments:

Technology Market Share Notable Project
Lithium-ion 85% Tesla's 182.5MW Moss Landing Phase 1
Flow Batteries 8% ESS Inc's 3MW/12MWh installation in Oregon
Thermal Storage 5% Ice Energy's 1,800 ice-making AC units in SoCal

The Policy Tightrope

2018's storage boom wasn't without challenges. Remember the "Solarcoaster"? Storage faced its own version with:

  • ITC eligibility debates – is storage a generator or ancillary service?
  • Interconnection queue bottlenecks causing 9-18 month delays
  • Fire safety concerns after Arizona battery incidents

Corporate Procurement Surge

Commercial & industrial deployments grew 45% year-over-year, driven by:

  • Walmart's 30MWh behind-the-meter installations
  • Microsoft's 2MW data center backup systems
  • Starbucks' 500+ stores adding peak shaving batteries

The report highlighted an emerging trend we now recognize as standard practice – storage-plus solutions combining solar, batteries, and smart controls. Early adopters saw 22% greater ROI compared to standalone solar installations.

Regional Hotspots & Cold Zones

While California led with 48% of national deployments, surprising markets emerged:

  1. Texas: 127% growth in ancillary service projects
  2. Massachusetts: SMART program driving 83 residential projects
  3. Florida: Hurricane preparedness creating 25MW emergency storage

Future Projections vs. Reality

The 2018 report's 5-year forecast predicted 4.3GW deployments by 2023 – turns out they underestimated by 18%! Current market data shows actual installations reached 5.1GW, proving even optimistic projections couldn't keep pace with this sector's growth trajectory.

U.S. Energy Storage Monitor 2018: A Retrospective Analysis of Market Dynamics [PDF]
  • Pre: Energy Storage Requirements in Latin America: Powering the Future with Smart Solutions
  • Next: Seasonal Energy Storage Sizing: The Ultimate Guide for a Renewable-Powered Future

Related Contents

EnerMax-C&I Distributed Liquid-Cooling Active Control Energy Storage Cabinet: The Future of Industrial Energy Storage

EnerMax-C&I Distributed Liquid-Cooling Active Control Energy Storage Cabinet: The Future of Industrial Energy Storage

Imagine trying to run a marathon while wearing a winter coat in Death Valley – that's essentially what traditional air-cooled battery cabinets endure daily. Enter the EnerMax-C&I Distributed Liquid-Cooling Active Control Energy Storage Cabinet, the equivalent of giving your energy storage system a personal air-conditioning unit and a PhD in thermodynamics.

Cabinet Energy Storage System Wind Cooling: The Future of Efficient Energy Storage?

Cabinet Energy Storage System Wind Cooling: The Future of Efficient Energy Storage?

Imagine your smartphone battery overheating during a summer road trip – now scale that up to a cabinet energy storage system powering an entire neighborhood. That's exactly why wind cooling technology is becoming the rock star of battery thermal management. Recent data from the National Renewable Energy Laboratory shows active air-cooled systems can reduce operating temperatures by 18-25% compared to passive solutions – and when we're talking megawatt-scale storage, that percentage translates to serious dollars.

Power 5.5KW Solar Energy Storage System U-Energy: Your Home's New Energy Swiss Army Knife

Power 5.5KW Solar Energy Storage System U-Energy: Your Home's New Energy Swiss Army Knife

electricity bills have become the uninvited guest that overstays its welcome. Enter the 5.5KW Solar Energy Storage System U-Energy, the Clark Kent of home energy solutions that transforms into Superman when grid power fails. This isn't just another shiny box for your garage; it's the brainchild of engineers who probably dream in kilowatt-hours.

GET IN TOUCH

* Submit a solar project enquiry, Our solar experts will guide you in your solar journey.

  • No. 333 Fengcun Road, Qingcun Town, Fengxian District, Shanghai

  • Chat Online

  • Photovoltaic System
  • Energy Storage
  • Lithium Battery
  • Solar Cell
  • Solar Inverter
  • Microgrid
  • Energy Management System
  • Off-Grid System
  • Grid-Scale Storage
  • Solar Panel
  • Battery Lifecycle
  • Charge Controller
  • Solar Mounting System
  • Residential Energy Storage
  • Commercial Storage
  • Solar Plus Storage
  • Battery Management System (BMS)
  • Power Conversion System (PCS)
  • Renewable Energy
  • Carbon Reduction

Copyright © 2024 Energy Storage Technology. All Rights Reserved. XML Sitemap