Battery storage installations in the United States are projected to surge to 204 gigawatts by 2035, representing a dramatic jump from the 31 gigawatts deployed through 2024. This forecast from BloombergNEF equals more than 800 gigawatt-hours of capacity and marks a sharp break from the challenges facing America's green energy segment. The projections show battery storage will outperform prior expectations even after recent policy changes eliminated numerous tax credits.
The growth trajectory indicates substantial momentum in the energy storage sector despite federal policy headwinds. The "One Big Beautiful Bill" that eliminated numerous tax credits in July had raised concerns about potential slowdowns in renewable energy development. However, current projections suggest the industry's expansion will continue at an accelerated pace regardless of these policy changes. Other renewable energy systems are also scaling up to add impetus to the broader green energy transition.
The dramatic increase from current deployment levels to the projected 204 gigawatts by 2035 represents one of the most significant transformations in the U.S. energy landscape in decades. This growth in battery storage capacity is crucial for supporting the integration of intermittent renewable sources like solar and wind power into the grid. The ability to store energy for use during periods of high demand or low generation addresses one of the primary challenges facing renewable energy adoption.
Industry observers note that the projections indicate market forces and technological advancements may be driving renewable energy growth more strongly than previously recognized. The resilience of these forecasts in the face of policy changes suggests that economic fundamentals rather than government incentives alone are propelling the sector forward. This development has significant implications for energy security, grid reliability, and the nation's ability to meet climate goals despite evolving political landscapes.
