The Solar Energy Industries Association (SEIA) has a target to deploy ten million distributed storage installations and reach 700GWh of total installed storage capacity by 2030.

Part of a new whitepaper that outlines policy recommendations to open markets for storage development, build financial support, grow a domestic storage supply chain, and progress long-duration storage technology, the target forms part of a greater strategy to create energy security using low-cost solar generation.

According to Wood Mackenzie, there is 83GWh of installed energy storage capacity in the US, including nearly 500,000 distributed storage installations. Current forecasts show that US storage capacity is expected to reach 450GWh by 2030; short of the capacity required to support its energy needs.

“The US storage market is at an inflection point, but with the mix of policy support and private, state and federal collaboration, we can achieve SEIA’s storage targets while creating jobs and ensuring reliable, around the clock power for every home and business in this county,” said Joan White, SEIA’s director of storage and interconnection.

---