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Average revenue for battery storage projects in CAISO United States from 2021 to 2023 (in U.S. dollars per kilowatt-year)

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Source

Release date

July 2024

Region

United States (California)

Survey time period

2021 to 2023

Supplementary notes

Includes batteries with a full year of operation.

CAISO is the California Independent System Operator, managing the electricity grid in California. 

Citation formats

Average revenue for batteries in CAISO U.S. 2021-2023

Published by ÌÇÐÄÆƽâ°æ Research Department, Jul 16, 2024

The market revenue for battery storage projects with a full year of operation managed by the CAISO (California Independent System Operator, United States) averaged 78 U.S. dollars per kilowatt-year in 2023, a decrease by roughly ** percent compared to the previous year.

Battery storage capacity in California amounted to *** gigawatts in 2022.

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