07 Nov '17, 8pm

35 GW of Storage Can Save US $4 Billion by 2025

The ESA’s pathway for new capacity for 2025 by region estimates that Hawaii and the U.S. Southwest, including California, would account for 34 percent of all new installations, followed by the U.S. Northeast at 28 percent and the U.S. Southeast at 19 percent. According to the report, California accounts for most new storage development since 2012, driven by the state’s aggressive renewables goals and high energy prices. The report said there currently are more than 4,200 MW (4.2 GW) of non-hydro storage deployed or in the pipeline in the Southwest and Hawaii . Of that total, 2,300 MW is compressed air and 454 MW is from molten salt/thermal storage for concentrated solar power projects. The majority of proposed projects in the pipeline are electrochemical/battery, according to the ESA.

Full article: http://www.renewableenergyworld.com/articles/2017/11/35-g...

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