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Released August 31, 2020 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Utility-scale battery energy storage systems (BESS) are being installed at a growing pace across the U.S., from 59 megawatts (MW) of installed capacity by the end of 2010 to 869 MW by the end of 2018, according to the U.S. Energy Information Administration (EIA). But like any other corner of the domestic energy market, BESS projects are witnessing slowdowns and, in some cases, are being threatened with cancellations as the industry struggles with the COVID-19 pandemic's economic wrath. Industrial Info is tracking more than $26 billion in active BESS projects across the U.S., including about $1.9 billion worth that have been delayed or otherwise affected by COVID-19 precautions.
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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
To read the complete article, see the most recent edition of Industrial Info's NavigatIIR online newsletter.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.