What are the new trends in the U.S. commercial and industrial energy storage market segments?

  • 2023-12-25 15:45
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Research firms have said that a series of acquisitions have been observed in the U.S. commercial and industrial (C&I) energy storage industry. This suggests that industry players are exploring their growth potential in the underperforming commercial and industrial energy storage market segment.

Commercial and industrial (C&I) energy storage systems are typically deployed on the customer side (BTM). They often help businesses with factories, warehouses, offices, and other facilities manage their power costs and quality, allowing them to increase their use of renewable energy.

While this can significantly reduce energy costs, it is difficult to scale up simply by allowing customers to reduce the amount of power they take from the grid during periods of peak electricity demand.




In the fourth quarter 2022 edition of the U.S. Energy Storage Monitor report released by research firm Wood Mackenzie, it was found that a total of 26.6 MW/56.2 MWh of non-residential energy storage systems were deployed in the third quarter of last year (Wood Mackenzie's definition of non-residential energy storage systems also includes those deployed in the community, government and other sectors).

Compared to deploying 1257MW/4733MWh of utility-scale energy storage systems in the U.S. in Q4 2022, or even 161MW/400MWh of residential energy storage systems, the deployment of commercial and industrial (C&I) energy storage systems in deployments is significantly behind.

However, Wood Mackenzie forecasts that, like the other two market segments, non-residential energy storage systems' installed capacity will grow in the coming years. Tax incentives for energy storage systems and renewable energy) issued by the U.S. Inflation Reduction Act will help achieve this goal, but Europe also appears interested in issuing similar regulations.

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