Blog — 25 Mar, 2021

Infographic Q4 20 US Power Forecast

Based on S&P Global Market Intelligence Power Forecast, the growth of U.S. energy storage is forecast to reach 8.5 GW by year-end 2021. This is an increase of 2 GW added per year over the forecast horizon. The solar-plus-storage generation type will become a preferred option of power generation in the longer term, driven by declining build costs and the new investment tax credit.

Gain strategic insights into our Q4-2020 Power Forecast:

  • Wind and solar projects in the pipeline
  • Forecast growth of hybrid storage across key markets
  • Projected generation and capacity balances by energy type
  • U.S. offshore wind outlook

Source:S&P Global Market Intelligence. Images for display purposes only.

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Infographic: Q4'20 U.S. Power Forecast

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