INSIGHTSSERIES Power & Utilities | Energy Storage
October 30, 2018
State Commitments to Procure Energy Storage Exceed 5.3 Gigawatts
Declining Costs, Evolving Technology, Changing Grid Needs Set the Pace of Battery Deployment

States have started to build the foundation for a future of battery storage to capitalize on the multiple benefits the technology provides to the grid, from helping integrate renewables to bolstering the reliability of the network. State legislatures are boosting the number and diversity of measures proposed to stoke storage markets, considering a broad array of incentives and rules. Over two dozen bills have been signed into law since 2014 to foster storage technologies through procurement mandates, incentives, streamlined permitting processes, and research and development programs .

Key Figures
State commitments to energy storage5.3 GW
No. of storage bills enacted in 20189