U.S. Battery Storage Averaged 70% Annual Growth Over Past Three Years, EIA Reports

Published: Aug 31, 2026 18:41
U.S. utility-scale battery storage capacity has expanded at an annual average rate of 70% over the last three years, according to the Energy Information Administration's (EIA) latest generator inventory data released on August 7, 2026. By the end of 2025, the U.S. power grid had 43.6 GW of operational battery storage. Operators added another 8.3 GW during the first half of 2026, bringing total installed capacity to nearly 52 GW. Looking ahead, developers anticipate bringing an additional 54 GW online over the next two and a half years, with 14 GW slated for the second half of 2026, 26 GW in 2027, and 14 GW in 2028. The EIA notes that battery deployment continues to track closely with solar buildout, absorbing daytime generation surpluses and discharging during evening peaks.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
WHES looks forward to meeting you at the 2026 SMM (5th) PV Energy Storage Industry Conference
1 hour ago
WHES looks forward to meeting you at the 2026 SMM (5th) PV Energy Storage Industry Conference
Read More
WHES looks forward to meeting you at the 2026 SMM (5th) PV Energy Storage Industry Conference
WHES looks forward to meeting you at the 2026 SMM (5th) PV Energy Storage Industry Conference
1 hour ago
BW ESS Acquires 250 MW/1,000 MWh Yanco BESS from Australian Developer ACEnergy
1 hour ago
BW ESS Acquires 250 MW/1,000 MWh Yanco BESS from Australian Developer ACEnergy
Read More
BW ESS Acquires 250 MW/1,000 MWh Yanco BESS from Australian Developer ACEnergy
BW ESS Acquires 250 MW/1,000 MWh Yanco BESS from Australian Developer ACEnergy
Global storage owner-operator BW ESS has acquired the Yanco battery energy storage system from Australian renewable energy developer ACEnergy, the companies announced on August 13, 2026. The project, located in New South Wales, is configured at 250 MW/1,000 MWh with a four-hour duration, positioning it to capture value across energy arbitrage, frequency control, and ancillary services in the Australian National Electricity Market (NEM). The transaction reflects continued international capital interest in Australian grid-scale storage assets, as the country's coal retirement timeline and renewable penetration drive urgent demand for flexible capacity. For ACEnergy, the sale represents a capital-recycling event to fund new greenfield development, while BW ESS expands its operational footprint in one of the world's fastest-growing storage markets.
1 hour ago
SK On Signs New ESS Battery Cell Supply Contract in U.S.
11 hours ago
SK On Signs New ESS Battery Cell Supply Contract in U.S.
Read More
SK On Signs New ESS Battery Cell Supply Contract in U.S.
SK On Signs New ESS Battery Cell Supply Contract in U.S.
SK On announced on August 31 that it signed an ESS battery cell supply contract with U.S. ESS company NeoVolta Power on August 27. Under the contract, SK On will supply a total of 9 GWh of lithium iron phosphate (LFP) pouch battery cells to NeoVolta Power over five years, from next year through 2031. The cells will be produced at SK On’s plant in Georgia, U.S. The contract value is estimated by industry sources at around KRW 1.5 trillion.
11 hours ago