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Whitepaper: Capitalizing on the growth of battery energy storage in North America

26 April 2021 Julian Jansen

Battery energy storage presents a USD 24 billion investment opportunity in the United States and Canada through 2025. More than half of US states have adopted renewable energy goals, such as California's target of 100% clean energy by 2045.

As a critical component of the energy transition, energy storage systems are needed to help balance renewable intermittency, provide a cost-effective and low-emission source of critical capacity, and empower customers to manage their energy demand.

This whitepaper reflects on available opportunities across the battery energy storage industry focusing on the market development in the United States and Canada. Highlighting throughout the importance this holds for investors, developers, and suppliers. As energy storage is pivotal in enabling the energy transition across sectors, working effectively across stakeholder groups to help realize the full potential battery energy storage technology offers, will unlock significant growth not just in the next few years but lay the foundation for a long-term acceleration in deployment.

Download the full whitepaper to understand how cost-competitiveness and a conductive policy environment is driving growth in the North American market:

Download Whitepaper

Posted 26 April 2021 by Julian Jansen, Associate Director Consulting, Climate & Sustainability

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