Energy Storage Association of the United States released a white paper 35 × 25: A Vision for Energy Storage said the United States by 2025 energy storage installed capacity is expected to reach 35 GW.

A white paper co-founded by the American Association of Energy Storage and Navigant Research outlines the market drivers that are driving the rapid growth of the storage industry and explains the value of an interdicted grid system. It also quantifies the huge benefits of a wide range of energy storage deployments, such as saving $ 4 billion in operating grid costs and adding more than 167,000 new jobs.

In 2017, the United States installed about 0.5GW of energy storage capacity and was deployed in the electricity retail and wholesale markets. Navigant Research believes that with a projected growth of ESA deployments in less than 10 years to reach 35 GW in the United States, the development of this market will bring a stronger employment engine to the United States and at the same time Higher electrical reliability and flexibility.

According to the report, the electrification of transportation, data centers, HVAC, communications, industry and manufacturing is driving the demand for a more flexible and resilient power grid. This electrified economy will rely heavily on a functioning grid. Future disruption will make costs more expensive. Even today, an annual power outage is expected, spending more than $ 150 billion on peak electricity.

The deployment of energy storage systems will enable the grid to respond faster and more accurately in seconds, saving up to $ 4 billion in grid operating costs by 2025. At the same time, it also helps to increase the reliability and resiliency of the power grid, reduce external interference to the grid, improve the environment and clean the air, in the manufacturing and R & D, construction, project development, operation and maintenance, sales, marketing, administration More than 167,000 jobs in other fields.

Kelly Speakes-Backman, president of the association, said: "Energy storage is the key to building a strong energy ecosystem, and the ESA's vision requires the cooperation and commitment of all parties."

Related reading:Grid-tied Solar Energy System,Hybrid Solar System,On-grid Solar System.