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The North American Battery Energy Storage System Market Dynamics

2023-04-19
The North American Battery Energy Storage System Market Dynamics
 
According to the recent report from Maximize Market Research, the North American battery energy storage system market is expected to be driven by the increasing use of battery storage systems in industries to support equipment with essential power supply in the event of an emergency, such as a grid failure or trips. During the forecast period, the market is expected to be driven by the increased need for uninterruptible power supply in data centers and telecoms to increase corporate productivity. To prevent the inconsistent power supply from renewable sources, large-scale renewable energy installation in the U.S. economy will lead to increased deployment of battery energy storage systems.
 
As we all know,  batteries are a significant and essential part of the battery energy storage system. These batteries are used in stand-alone PV systems, wind power output fluctuation management systems, and emergency power supply systems, among other things. The market is expected to grow as a result of beneficial aspects including affordable prices, a high-performance ratio, simple charging, and straightforward recycling.

According to the U.S. Energy Information Administration, U.S. power producers plan to significantly increase U.S. utility-scale battery storage capacity over the next three years, reaching 30 gigawatts (GW) by the end of 2025. The lithium-Ion Batteries segment is expected to hold the largest market share by 2029. The growth of the Lithium-Ion Batteries segment is expected to be driven by the rising demand for electricity and the switch from fossil fuels to renewable energy during the forecast period.
EverExceed is a global leading provider of energy storage systems with 20+ years of battery manufacturing experience; we can offer Safer, Smarter, Simpler battery energy storage systems (lithium battery/lead acid battery) and solar systems. We have a self-owned factory with advanced production lines to manufacture batteries and assemble all-in-one energy storage systems for residential and commercial energy storage solutions.
 
Why are EverExceed lithium-ion batteries safer?
Because our lithium batteries adopt TOP 5 brand LiFePO4 cells like REPT, GOTION, etc. Our factory is certified by SGS, BV, and ETL, and the batteries are assembled by EverExceed’s advanced engineering design and manufacturing process, which ensures a high cycle life of up to 6000 cycles, fast charging ability, high-temperature performance, 100% depth of discharge capability, which means you, can discharge 100% before charging again which is impossible in a lead-acid battery. The entire manufacturing process is fully automated.

Why are EverExceed lithium-ion batteries smarter?
Because Our lithium batteries adopt a high-quality smart BMS system to prevent the battery from overcharging, over-discharge, over-current, over-temperature, etc., and ensure the consistent performance of the battery.
 
Why are EverExceed lithium-ion batteries simpler?
EverExceed lithium batteries are compatible with most inverter brands like SMA, SolarEdge, Sungrow, Victron Energy, Schneider, Goodwe, Growatt, EverExceed, etc.
Furthermore, we adopt plug and play design, easy to use. And we can offer rack-mounted, wall-mounted, and stack-mounted lithium batteries which can be specially used for energy storage systems, telecom, utility, etc. We also accept OEM/ODM orders according to the customers’ requirements.
 
According to the recent report from Maximize Market Research, the United States (U.S.) is expected to dominate the North America Battery Energy Storage System Market during the forecast period 2022-2029. Solar PV and wind power, which are both renowned for their erratic output, account for a large share of the United States' potential for renewable energy. Of the 20.8 GW of utility-scale battery capacity planned to be installed between 2022 and 2025, more than 75% is located in Texas (7.9 GW) and California (7.6 GW). With significant existing and planned solar and wind generation capacity in California and Texas, there is a growing demand for battery storage. Currently, the 409 MW Manatee Energy Storage in Florida is the largest operating battery storage project in the United States. Developers have plans to deploy more than 23 large battery projects ranging from 250 MW to 650 MW by 2025.
 
EverExceed Empower, Energize, Exceed the Energy you Expect forever. We will focus more on the development and production of household energy storage batteries in the coming days to better respond to the growing market demand for energy storage batteries.