The rise of renewable energy sources and the decarbonization of the grid will need new energy storage installations in the coming years to provide flexible energy and capacity. Alongside rising shares of solar and wind power in the electricity mix, the U.S. is set to see increased energy storage installation as storage is critical to ensuring more solar and wind power generation. America has the potential to see 100 gigawatts (GW) of new energy storage deployed by 2030, the U.S. Energy Storage Association (ESA) said in a new white paper this month. That is an ambitious target, considering that in its previous estimate from 2017, ESA projected 35 GW of energy storage – including batteries, thermal, mechanical, and pumped storage hydro – installed by 2025. The ambitious 100-GW target of new energy storage is achievable if supportive policies and emerging policies removing barriers to market participation continue, the trade […]