Battery Storage Capacity Charging Ahead in Lone Star State

Rod Walton | Source: MicroGrid Knowledge | Posted 08/13/2024

As of Sunday, grid operator Electric Reliability Council of Texas (ERCOT) reported more than 8 GW of total installed energy storage resource capacity within the grid. A new projection by battery storage analysis platform Modo Energy forecasts that the BESS buildout within ERCOT could double to more than 18 GW by the end of 2025.

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The Electric Reliability Council of Texas (ERCOT) has reported a significant increase in battery energy storage systems (BESS) within the Texas grid, with over 8 GW of total installed capacity as of Sunday. Projections from Modo Energy suggest that the BESS buildout in ERCOT could double to more than 18 GW by the end of 2025, indicating a rapid growth in battery storage capacity connected to the grid. This expansion includes utility-scale battery storage paired with solar and microgrid projects across the state.

Following recent energy crises like Winter Storm Uri and increasing summer peak loads, Texas allocated $1.8 billion from the $10 billion Texas Energy Fund to support investments in lower carbon distributed energy solutions such as microgrids, solar, and batteries. The state has also seen industry interest grow, evident in Tesla relocating its headquarters to Austin and establishing a Gigafactory nearby. With 7.5 GW of new battery storage capacity planned for construction this year and expectations of further acceleration with decreasing lithium prices, battery storage is poised to play a vital role in enhancing grid resiliency and supporting renewable energy integration across Texas and beyond.

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Source Link: https://www.microgridknowledge.com/energy-storage/article/55132403/battery-storage-capacity-spiking-in-lone-star-state

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Battery Storage Capacity Charging Ahead in Lone Star State

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