Press Mention Utility Dive February 15, 2021
SACE Quoted
SEPA/ESA report details multiple ways utilities can make battery storage financially viable
In this mention
A new SEPA/ESA report examines how utilities can make battery storage financially viable through multiple business models, including pairing batteries with renewables, using microgrids, and monetizing multiple value streams. Maggie Shober of SACE notes that in the Southeast, storage deployment depends more on how utilities treat the resource in their integrated resource plans rather than ownership structures. The report highlights regulatory challenges and provides examples of utility battery projects, including FPL's Manatee Energy Storage Center and Georgia Power's RFP process.
Here in the Southeast, storage deployment depends less on who will own the batteries and more on how the resource is treated in a utility's [integrated resource plan] process
Maggie Shober
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