Loading...
Market
California battery storage capacity growth rate by end of 2024
5
Resolution / Starting Odds
Below 20% growth • 25%
20% to 40% growth • 25%
41% to 60% growth • 25%
Above 60% growth • 25%
California Energy Commission annual report
Story
California's 6 GW Battery Storage Becomes Top Power Source on Tuesday
Apr 19, 2024, 09:01 AM
California has experienced a rapid increase in its battery storage capacity, reaching a significant milestone on Tuesday night where battery storage became the largest source of power supply on the state's grid, serving the world's fifth biggest economy. This landmark event marks a pivotal shift in energy sources, with battery storage output now comparable to six nuclear reactors. The growth in battery capacity, which was described as moving from a 'rounding error' at the start of 2021 to 6 GW, underscores the state's quick adaptation to meet peak demand with sustainable solutions rather than traditional fossil fuels.
View original story
Similar markets
10-15GW • 25%
15-20GW • 25%
20-25GW • 25%
25GW+ • 25%
Yes • 50%
No • 50%
Residential • 25%
Commercial • 25%
Industrial • 25%
Transportation • 25%
Less than 10% • 25%
10% to 20% • 25%
21% to 30% • 25%
More than 30% • 25%
Below 300 GW • 33%
300 GW to 400 GW • 33%
Above 400 GW • 33%
Below 10% • 25%
10% to 20% • 25%
21% to 30% • 25%
Above 30% • 25%
Less than 10% • 25%
10% to 25% • 25%
25% to 50% • 25%
More than 50% • 25%