Energy Storage Value and Adoption Analysis slide image

Energy Storage Value and Adoption Analysis

Aggregate System-Wide Benefits Incremental Net Benefits of Storage Deployment in Nevada 2020 cost-effective storage levels are up to 175 MW, depending on storage costs. In 2030, cost-effective levels are greater than 700 MW. 2020 2030 Incremental Net Customer Benefit ($/kW-year) Incremental Net Customer Benefit ($/kW-year) $160 $120 $80 $40 $0 -$40 -$80 Net system benefits maximized at ~175 MW deployment. Low Battery Cost -$120 -$160 Storage not cost-effective at high end of current cost estimates. High Battery Cost 0 200 400 600 800 1,000 $160 Low Battery Cost $120 $80 $40 High Battery Cost $0 -$40 -$80 -$120 0 200 Storage Deployment (MW) 400 Net system benefits exceed costs for all deployment levels < 1000 MW. ā†‘ Net system benefits maximized at ~700 MW deployment. 600 Storage Deployment (MW) Incremental benefits of additional storage exceed costs Cost-effective storage level: Incremental benefits and costs of additional storage are equal Costs of adding additional storage exceed incremental benefits 800 1,000 brattle.com 23 Note: All values are in nominal dollars
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