Transcription of Battery Storage - Energy Information Administration
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Battery Storage - Energy Information Administration
Battery Storage Market Trends May 2018. Independent Statistics & Analysis Department of Energy Washington, DC 20585. This report was prepared by the Energy Information Administration (EIA), the statistical and analytical agency within the Department of Energy . By law, EIA's data, analyses, and forecasts are independent of approval by any other officer or employee of the United States Government. The views in this report therefore should not be construed as representing those of the Department of Energy or other federal agencies. Energy Information Administration | US. Battery Storage Market Trends i Acknowledgements The authors of this report gratefully acknowledge the Energy Storage stakeholders in various public and private positions that participated in interviews with the Energy Information Administration staff.
The energy capacity of the battery storage system is defined as the total amount of energy that can be stored or discharged by the battery storage system, and is measured in this report as megawatthours (MWh). Hydroelectric pumped storage, a form of mechanical energy storage, accounts for most (97%) large-
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