U.S. grid battery storage investments 2017-2021

Published by Statista Research Department, May 11, 2023
In 2021, investments in grid battery storage in the United States were estimated at roughly two billion U.S. dollars, a 64-percent year-over-year growth. In comparison to 2017, investments increased by roughly seven-fold. Around 10 gigawatts of battery storage capacity additions were planned in the U.S. for the 2022-2023 period.

Investment in grid battery storage in the United States from 2017 to 2021 (in million U.S. dollars)

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Release date

March 2022

Region

United States

Survey time period

2017 to 2021

Special properties

* Estimate

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Overview

5

Key market indicators

5

Batteries

6

Pumped storage

4

Outlook

4

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Topics

Energy storage in the U.S.Energy storageSmart grids in the U.S.Smart grids
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