Fourth quarter 2019 marks the largest-ever quarter for storage deployments across all U.S. market segments, reported Wood Mackenzie Power and Renewables.
The front-of-the-meter storage market spiked 160 percent in quarter-over-quarter growth in the fourth quarter 2019, with 103.8 megawatts deployed. Meanwhile, the non-residential BTM sector recorded its second-strongest quarter on record, with 42.2 MW deployed. The residential market saw another breakthrough quarter, with 40.4 MW installed in the fourth quarter.
For residential storage, California continues to be a market to watch. Wood Mackenzie expects that almost one in four residential solar systems in the state will have storage attached in 2020. This is due to multiple factors, including the Self-Generation Incentive Program, opportunities from time-of-use rates, continued desire for resilience in the wake of PSPS events and even some upside from the new home solar mandate. Hawaii also will continue to see st
