The Moss Landing Power Plant near Monterey, Calif., is home to more than 4,500 racks of batteries. It is among the world’s largest electricity-storage projects. CHRISTIE HEMM KLOK FOR THE WALL STREET JOURNAL
By Jennifer Hiller and Katherine Blunt
Dec. 21, 2021 5:33 am ET
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Companies are poised to install record amounts of batteries on America’s electric grid this year, as government mandates and a steep decline in costs fuel rapid growth in power storage.
The U.S., which had less than a gigawatt of large battery installations in 2020—roughly enough to power 350,000 homes for a handful of hours—is on pace to add six gigawatts this year and another nine gigawatts in 2022, according to S&P Global Market Intelligence.
https://www.wsj.com/articles/battery-storage-soars-on-u-s-electric-grid-11640082783?mod=hp_lead_pos11
By Jennifer Hiller and Katherine Blunt
Dec. 21, 2021 5:33 am ET
SHARE
TEXT
Listen to article
Length 2 minutes
Companies are poised to install record amounts of batteries on America’s electric grid this year, as government mandates and a steep decline in costs fuel rapid growth in power storage.
The U.S., which had less than a gigawatt of large battery installations in 2020—roughly enough to power 350,000 homes for a handful of hours—is on pace to add six gigawatts this year and another nine gigawatts in 2022, according to S&P Global Market Intelligence.
https://www.wsj.com/articles/battery-storage-soars-on-u-s-electric-grid-11640082783?mod=hp_lead_pos11
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