Data: Solar Energy Industries Association and Benchmark Mineral Intelligence; Chart: Axios Visuals
U.S. battery storage installations rose 29% last year, driven by strong utility-scale growth in Arizona and Texas, per new data from the Solar Energy Industries Association and Benchmark Mineral Intelligence.
Why it matters: Storage is a flexible resource that helps meet demand peaks and enables higher levels of renewables on grids.
The intrigue: While utility-scale storage is by far the biggest market right now, behind-the-meter (BTM) installations generating or storing electricity for on-site use are growing too — and data centers are increasingly a reason.
"Given the tightening of grid capacity and short supply of gas turbines, developers will be forced to consider other forms of on-site generation that can help facilitate projects coming online," the report finds.
What's next: Benchmark estimates that by 2030, data centers will account for 83% of commercial and industrial BTM deployments.