March 4, 2021
Sunrise brief: Energy storage posted a record quarter, WoodMac and ESA say
A record amount of energy storage systems came online in the fourth quarter, according to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) US Energy Storage Monitor. The report said that 2,156 MWh of storage entered service, a jump of 182% from the third quarter.
Overall, 2020 was the first year that advanced energy storage deployments surpassed gigawatt scale, the report said.