These States Are the Early Leaders in the US Energy Storage Market
Eric Wesoff for GreenTech Media: Energy storage is a small market experiencing fierce growth. The U.S. installed 61.9 megawatts of energy storage in 2014, and GTM Research is forecasting 220 megawatts to be installed in 2015. But, as with the U.S. solar industry, energy storage projects are clustered in states with incentives or in regions where markets are able to place a value on storage.
So it's no surprise that California, Hawaii, and New York have assumed early leadership in energy storage by virtue of their unique incentives, mandates and markets, according to the inaugural GTM Research and Energy Storage Association U.S. Energy Storage Monitor report. Cont'd...
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