The United States is expected to be the largest market for energy storage in North America with an increasing demand for uninterrupted energy demand within the country. The country''s power generation is dominated by coal and gas-fired power plants, and it is witnessing a shift from coal-based power generation to cleaner sources of energy.
Pumped-storage hydroelectricity (PSH) segment is expected to be the largest market during the forecast period in North America, owing to its ability to store large amount of energy as compared to other energy storage options and existing installed base. The Compressed air energy storage (CAES) can achieve an efficiency of 70-80%.
In the first quarter of 2019, 60 MW of utility-scale battery storage power capacity came online, and an additional 108 MW of installed capacity was expected to become operational. Out of these planned 2019 installations, the largest is the Top Gun Energy Storage facility in California, with 30 MW of installed capacity.
Additional storage technologies will be added as representative cost and performance metrics are verified. The interactive figure below presents results on the total installed ESS cost ranges by technology, year, power capacity (MW), and duration (hr).
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