About Energy storage first quarter
The U.S. energy storage market set a new record for growth in the first quarter of 2025 by adding more than 2 gigawatts (GW) across all segments, according to the most recent U.S. Energy Storage Monitor report from Wood Mackenzie and the American Clean Power Association (ACP).
The U.S. energy storage market set a new record for growth in the first quarter of 2025 by adding more than 2 gigawatts (GW) across all segments, according to the most recent U.S. Energy Storage Monitor report from Wood Mackenzie and the American Clean Power Association (ACP).
HOUSTON/WASHINGTON, June 18, 2024 – The U.S. energy storage market set a first-quarter record for capacity installed in Q1 2024, with 1,265 megawatts (MW) deployed across all segments. This marks the highest storage capacity ever installed in a first quarter in the U.S., representing an 84%.
According to the Q1 2025 US Energy Storage Monitor from Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP), the US energy storage market set a new record in 2024. Energy storage installations surpassed 12GW in 2024, with a total of 12,314MW and 37,143MWh deployed.
The U.S. energy storage market set a new record for growth in the first quarter of 2025 by adding more than 2 GW across all segments, according to the most recent U.S. Energy Storage Monitor report from Wood Mackenzie and the American Clean Power Association. With Safety, Never Compromise. Choose.
The U.S. energy storage market set a first-quarter record for capacity installed in Q1 2024, with 1,265 megawatts (MW) deployed across all segments. This marks the highest storage capacity ever installed in a first quarter in the U.S., representing an 84% increase from Q1 2023. According to Wood.
The U.S. utility-scale energy storage market led the way, adding 1.5 GW/4 GWh of capacity in Q1 2025 for a 57% increase over the same period last year. The residential storage market also saw the highest Q1 on record with more than 450 MW installed. California and Puerto Rico are the leading.
The U.S. energy storage market set a first-quarter record for capacity installed in Q1 2024, with 1,265 MW deployed across all segments. This marks the highest storage capacity ever installed in a first quarter in the United States, representing an 84% increase from Q1 2023. According to Wood.
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6 FAQs about [Energy storage first quarter]
How many MW of energy storage was installed in Q1 2024?
The U.S. energy storage market set a first-quarter record for capacity installed in Q1 2024, with 1,265 MW deployed across all segments. This marks the highest storage capacity ever installed in a first quarter in the United States, representing an 84% increase from Q1 2023.
What is the highest energy storage capacity ever installed in Q1 2024?
HOUSTON/WASHINGTON, June 18, 2024 – The U.S. energy storage market set a first-quarter record for capacity installed in Q1 2024, with 1,265 megawatts (MW) deployed across all segments. This marks the highest storage capacity ever installed in a first quarter in the U.S., representing an 84% increase from Q1 2023.
Which states have the highest energy storage capacity in Q1?
According to Wood Mackenzie and the American Clean Power Association’s (ACP) newly released US Energy Storage Monitor report, the grid-scale segment installed 993 MW, producing the highest Q1 on record for the grid-scale segment. Nevada, California, and Texas accounted for 90% of new grid-scale capacity added.
What's going on with residential storage in Q1?
Residential storage also set a new record, with 458 MW installed in Q1, the most ever in a single quarter. California and Puerto Rico led the way, accounting for 74% of that growth, while Illinois and other emerging markets began to pick up pace. Despite a strong near-term outlook, the long-term picture is cloudier.
Which states are deploying more energy storage in Q1?
“We’re now seeing significant deployment in emerging markets like Indiana, while states across the Southwest like Nevada and Arizona continue to expand their energy storage portfolio,” said Noah Roberts, VP of Energy Storage at ACP. Residential storage also set a new record, with 458 MW installed in Q1, the most ever in a single quarter.
Why did energy storage surge in Q1 2025?
That makes Q1 2025 the biggest first quarter for energy storage in US history. The surge was led by utility-scale projects, which accounted for over 1.5 GW of the new capacity, a 57% jump compared to Q1 2024. Surging energy demand is putting the electric grid under strain,” said John Hensley, SVP of markets and policy analysis at ACP.
