MISO capacity expansion model forecasts nearly 30 GWs of energy storage in the next 20 years
- Oct 28, 2020 4:00 pm GMTOct 28, 2020 11:51 am GMT
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Today MISO has Ludington Pumped Storage facility in Michigan at approx 2,500 MW. Additionally, MISO footprint has a 20 MW battery at Harding Street substation in Indianapolis Power & Light (IPL) service area. MISO also has a 5 MWhr Stored Energy Resource (SER) at Luverne, Minnesota.
And MISO has 4000 MW in the generator interconnection queue today, active, waiting to be studied.
So, MISO based on the current interconnection queue and current in-service storage projects - has less than 10,000 MWs i.e. 10 GWs, but MISO planning predicts an additional 30 GWs in the next 20 years.
The driving need for this storage includes, increased electrification by 2040 which results in a 50% increase in energy and demand plus changing state and federal policies across the region which results in 80% carbon emissions reduction from the 2005 baseline.
The question is, like everything else in this energy transformation - will this storage come faster than predicted?