California’s solar market is now a battery market

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From pv magazine USA

No US state has led the energy transition like California has. While other states may have higher portions of wind in their electricity mix, at full sun the output of solar panels in California rivals that of Texas wind power. It has often been the first state in the nation to pass policies that drive the move to renewable energy and electrification, and these policies are regularly imitated elsewhere. As a result California has been a pioneer for a range of clean energy technologies.

California has also been the first to experience the challenges of the transition. The state is famous for its “duck curve,” where solar floods the grid in midday and forces other sources of power to ramp quickly in the evening to meet demand when the sun goes down. The responses to this and other challenges in California have taken many forms – including an emphasis on demand response and using imports and gas plants more flexibly. It has also meant a lot of batteries.

California has long been the nation’s leading market for both battery storage, and solar-plus-storage solutions. But PV Intel’s examination of the interconnection queue from California’s grid operator shows that in terms of large-scale projects, this transformation is reaching another stage. California is on the cusp of no longer being a solar market where batteries are being added – instead, it is becoming a battery market that (sometimes) includes solar.

Rapid battery growth

The numbers are stark: At the end of January, the California Independent System Operator (CAISO) queue included a total of 282 projects with a solar component (including various hybrids of solar-plus-storage and solar-plus-wind), compared to 533 projects with a battery component. The raw capacities tell the same story. At 135GW, the capacity of battery projects is 78% higher than the 76GW of solar projects.

These numbers underscore the very rapid growth of battery technology in California. According to the American Clean Power Association, California had only 256MW of utility-scale batteries before 2020, but had reached 2.1GW by the end of 2021 – an eightfold increase.

In fact, few standalone solar projects are being proposed anymore. We found only 23 solar projects in the queue that don’t include batteries, meaning that more than 90% of solar projects that have applied for interconnection have a battery component.

This is in stark contrast to other grid operator queues, where solar-plus-storage projects are still niche. The most advanced may be ISO-New England, where in January 30% of total active solar projects were paired with batteries. In Texas (ERCOT) there is also substantial battery capacity in the interconnection queue, but it is not clear how much is paired with solar.

When pairing generation, solar and batteries are still the main choice in California, as the “chocolate and peanut butter” combination of the energy transition. The 256 solar-plus-storage projects representing 72GW of solar and 64GW of batteries make up the vast majority of hybrid projects in the CAISO queue, with only a handful of wind-plus-storage or solar-plus-wind projects.

Image: PV Intel

Another notable factor is the size of the batteries. Gone are the days when small batteries were added to solar projects. The average ratio of battery capacity to solar capacity was 0.89. Nor are the standalone battery projects small; the average capacity of a standalone battery project in the CAISO queue is 248MW.

In terms of projects with interconnection agreements – a subset of projects which are more likely to be completed and to come online more quickly – solar-plus-storage is still dominant.  Now, 76 solar-plus-storage projects have been approved for interconnection, as opposed to 31 standalone battery projects.

However, most of this capacity is scheduled to come online in 2022 and 2023. This means that with new projects getting approved, as early as 2024 the market could flip to standalone battery projects being dominant.

Battery era

This is not to imply that all the energy storage projects that will be built are batteries. Notably there is a 500MW pumped hydroelectric project in California that has an interconnection agreement and is scheduled to come online in 2028; the long-term plans of California utilities show 1GW of “long-duration storage,” which implies that this will be pumped hydro.

But the capacities of pumped hydro and other novel storage technologies planned are dwarfed by batteries, with lithium-ion continuing to dominate the market. And as a recent solicitation by California’s community choice aggregators shows, lithium-ion batteries are even being chosen for long-duration storage needs.

California will need all the energy storage it can get its hands on; a recent analysis suggests that the state needs 37GW of batteries over the next 20 years, as well as 53.2GW of utility-scale solar. But the projects that are being planned put the state well on its way; as 23.5GW of large-scale battery projects already have interconnection agreements. The next few years will see whether or not California’s battery market can overcome supply chain challenges and stand on its own. But the path forward is clear. In California, the energy transition has entered a new era: the era of the battery.

Author: Christian Roselund

Jason O’Leary, principal analyst at pv-intel.com, contributed to this article with data analysis and data visualization.

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