Evaluating Benefits of Utility-Scale Battery Storage
- Oct 26, 2020 3:58 pm GMT
This item is part of the Distributed Energy Resources - Fall 2020 SPECIAL ISSUE, click here for more
Electric utilities routinely prepare studies to evaluate a variety of infrastructure expansion plan alternatives and select their ‘preferred’ option to reliably serve customers’ power requirements. Utility costs have traditionally been the driving force in choosing a ‘preferred’ expansion plan for implementation. Battery energy system storage (‘BESS’) is emerging as a new option or alternative being considered by utilities alongside their traditional planning of new transmission, substation, and distribution projects. In addition, BESS is emerging as part of utilities’ broader grid modernization strategy. This article will explore some of the benefits associated with BESS and the overall value proposition of stacking or layering customer and utility benefits.
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