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Battery Storage Forecast: Near 10 GW by 2023; Investments to Surge

August 05, 2019

Almost 10 GW of utility-scale and grid-connected battery storage will be operating in the United Sates by 2023, according to a new forecast. Annual storage investments were projected to increase from under $0.3 billion in 2019 to around $3 billion in 2023. However, new policy and technology risks are emerging.

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