Drivers of Growth in the United States and Europe Residential Energy Storage Market
According to SolarPower Europe, the residential battery energy storage systems (BESS) market saw 745MWh of battery storage employments in 2019 (and a total installed capacity of 2GWh), achieving a 57% year-over-year growth.
ENERGY STORAGE BETWEEN NATIONS Entry #1: Why are America’s energy storage projections far more optimistic than Canada’s?
In January 2021, US President Joe Biden issued an executive order regarding clean energy and electric vehicle procurement. This directive reflects America’s newfound focus on unlocking the power of emission-free technologies.
Why Energy Storage is Essential for Emergency Preparedness
Recent years have seen a dramatic increase in natural disasters — wildfires, extreme temperature conditions, flooding, and etc. According to the United Nations, the number of worldwide climate-related emergencies has nearly doubled over the last two-decade period, from 3,656 incidents over 1980–1999 to a staggering 6,681 incidents during 2000–2019.