June 24, 2026
Wood Mackenzie released its Q2 2026 US Energy Storage Monitor report on 23 June, which went on to say that the US energy storage market would reach 200GW/655GWh of cumulative installed energy storage capacity by 2031. Image: Wood Mackenzie
Market research firm Wood Mackenzie has predicted that the US energy storage market will almost quadruple over the next six years.
Wood Mackenzie released its Q2 2026 US Energy Storage Monitor report on 23 June, which said the US energy storage market would reach 200GW/655GWh of cumulative installed energy storage capacity by 2031.
According to the report, 3.3GW/8.4GWh of energy storage was installed in Q1 2026, with all segments posting record Q1 installation numbers.
