U.S. Battery Project and Capacity Trends

Summary

This monthly report tracks battery storage projects by capacity, state, entity owners, and ownership type.

Analysis and data for this report was done by Zpryme using the U.S. EIA 860 monthly generation operator data.

In October 2022, 8 operational battery projects were added in the U.S., accounting for an additional 678 MW of capacity. Compared to September, cumulative operational battery capacity increased by 9.9% in October.
As of October 2022, cumulative operational battery projects totaled 388 with a capacity of 7,512 MW.
Future planned capacity decreased by 55 MW in October 2022, reaching a total of 22,381 MW (vs 22,436 in September of 2022).
From January 2022 to October 2022, a total of 72 battery projects have been added in the U.S., accounting for an additional 2,942 MW of capacity.
Since January 2021, U.S. operational battery capacity has increased by 5,880 MW or 360%.
As of October 2022, 80.8% of battery capacity was owned by Non-CHP IPPs and 19.1% was owned by utilities.
In October 2022, the top 5 states ranked by battery capacity were California (4,125 MW), Texas (1,443 MW), Florida (528 MW), Massachusetts (202 MW), and Nevada (165 MW).
In October 2022, the top 5 battery project owners ranked by capacity were NextEra Energy (1,295 MW), LS Power (575 MW), Terra-Gen (547 MW), RE Crimson (350 MW), and Broad Reach Power (339 MW).