North American Energy Storage Copper Content Analysis This report quantifies the expected copper demand for energy storage installations through 2027. It’s estimated that copper demand for residential, commercial & industrial, and utility-scale installations will exceed 6,000 tons yearly. Current models predict that by 2020, demand will have doubled 2018 levels to reach nearly 1,000 metric tons of copper content.
Protect the Grid, Secure the Nation Protection of our nation’s energy grid today has never been more crucial as the FBI has stated that cyber-attacks are the primary threat facing the country. Couple that along with the new Clean Power Plan administered by the White House and US EPA with goals of reducing CO2, there is a major focus on the nation’s infrastructure. Copper continues to be a primary resource for building and protecting our nation’s grid due to its superior reliability, conductibility, and durability.
Market Evaluation for Energy Storage in the United States A study, conducted by KEMA for the Copper Development Association, to determine the current market - and the future potential - for grid energy storage in the United States, reveals that the current market is robust and the potential market is huge. Estimates show that between 2 to 4 gigawatts (GW) of energy storage could be developed over the next five years depending on financial incentives.