Planning for an uncertain future
Utility plans for battery storage lag well behind projections of the economic potential of storage. Yet utilities are taking on the planning challenge, which is marked by wide disagreement over the future cost of storage, the complexity of valuing storage, and the limitations of traditional planning models.
There is a major disconnect in storage planning. On the one hand, economic consultancy the Brattle Group has projected that the Federal Energy Regulatory Commision’s Order 841 could spark profitable storage investments of up to 50 GW, if states unlock transmission and distribution benefits and the value of storage in reducing outages. For its part, the …
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