In first, US residential energy storage overtakes front-of-meter installations

In a first for the industry, there were more home energy storage installations in the second quarter than front-of-the-meter installations, according to the latest U.S. Energy Storage Monitor from Wood Mackenzie Power & Renewable Energy Consulting and the Energy Storage Association.

The total U.S. energy storage market deployed 156.5 MWh in Q2, marking a 24% increase from the 126.3 MWh in Q1. The recent quarter tripled the amount deployed during Q2 2017.

The growth of residential deployment helped put the total energy storage sector on track to reach an estimated 393 MW / 774 MWh of deployments for 2018 and a total of 3,890 MW / 11,700 MWh by 2023.