The US commissioned an estimated 11.9GW of battery energy storage in 2024, including utility-scale capacity as well as distributed systems in homes and businesses. Battery storage additions jumped by 55% year-on-year, making it the fifth straight year of record-setting annual additions.
Some 317GW of projects have applied to connect into the grids operated by the seven US independent system operators (ISOs) in 2024, with solar and storage projects leading the way. The majority of new projects are in Texas, followed by PJM Interconnection.
Some 46MW of solar and 12MW of fuel cells were also brought online as part of microgrids across the country. Energy storage volumes were lower than the last two years, with 19.5MW of storage (33.2 megawatt-hours in in energy capacity terms) brought online in 2024.
Together with electrified transport, these sectors drew 83% of US energy transition spend in 2024. Across sectors, investment in energy storage expanded the fastest, up 46.4% from the prior year, followed by rapid growth in electrified heat, which increased by 28.2% during the same period.
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