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Fact Sheet

Fact Sheet: Outlook for Energy Storage in PJM

PJM needs to deploy 16 GW of energy storage to maintain grid reliability through 2032. A new report by The Brattle Group, commissioned by the U.S. Energy Storage Coalition, demonstrates the need to deploy energy storage at scale to make sure the grid has enough power to reliably meet demand in the Pennsylvania-New Jersey-Maryland (PJM) Interconnection territory, which spans large swaths of the Midwest and the Mid-Atlantic.
Report

Outlook for Energy Storage in PJM

A new report from the U.S. Energy Storage Coalition, warns that PJM must deploy at least 16 GW of energy storage–enough to power 12 million homes–by 2032 and 23 GW by 2040 to ensure system reliability. Without this buildout, the region, which serves 65 million customers from Chicago to New Jersey, risks severe power shortages, forced load shedding of up to 15 GW during extreme weather, and sharp increases in electricity costs.
Fact Sheet

Energy Storage Coalition Fact Sheet

The U.S. Energy Storage Coalition advances policies and solutions to ensure grid reliability amidst historic demand for power, lower energy costs for all Americans, strengthen grid capacity to support new industrial and AI infrastructure, and rapidly scale American manufacturing and minerals production. Download the fact sheet to learn more about the coalition and how energy storage strengthens our power grid, cut costs for families and businesses, and expands American manufacturing and critical mineral leadership.

More useful energy storage resources from across the web

NYT: Giant Batteries Are Transforming the Way the U.S. Uses Electricityhttps://www.nytimes.com/interactive/2024/05/07/climate/battery-electricity-solar-california-texas.html

Battery energy storage is enhancing resiliency and reliability, stabilizing grids, and marking a shift in how electricity is managed and generated.

EIA: U.S. battery storage capacity expected to nearly double in 2024https://www.eia.gov/todayinenergy/detail.php?id=61202#:~:text=U.S.%20battery%20storage%20capacity%20has,their%20intended%20commercial%20operation%20dates

U.S. battery storage capacity is expected to expand to over 30 gigawatts, driven by growth in states like CA and TX due to increasing solar and wind energy deployments.

NFPA 855: Standard for the Installation of Stationary Energy Storage Systemshttps://www.nfpa.org/codes-and-standards/nfpa-855-standard-development/855

NFPA 855 is a leading national standard providing safety requirements for battery energy storage systems (BESS). This standard outlines the safety requirements for the installation and operation of stationary energy storage systems, encompassing various types of batteries.

UL 9540 Energy Storage System Requirementshttps://www.ul.com/news/ul-9540-energy-storage-system-ess-requirements-evolving-meet-industry-and-regulatory-needs

UL9540 requirements provides a safety standard pertaining to technology and equipment which will be connected to the grid or standalone.

Long-Duration Energy Storage Earthshothttps://www.energy.gov/oe/energy-storage

Establishes a target to, within the decade, reduce the cost of grid-scale energy storage by 90% for systems that deliver 10+ hours of duration.

How Energy Storage Workshttps://www.ucsusa.org/resources/how-energy-storage-works

Energy storage is the ability to capture energy at one time for use at a later time. Storage devices can save energy in many forms and convert them back to useful forms of energy like electricity.

NREL Energy Storage Research Hubhttps://nrel.gov/storage/

NREL's energy storage research is funded by the U.S. Department of Energy and industry partnerships.

U.S. battery storage capacity expected to nearly double in 2024https://www.eia.gov/todayinenergy/detail.php?id=61202

U.S. battery storage capacity has been growing since 2021 and could increase by 89% by the end of 2024 if developers bring all of the energy storage systems they have planned on line by their intended commercial operation dates.

Energy Storage Systems Safety Fact Sheethttps://www.nfpa.org/forms/energy-storage-systems-safety-fact-sheet

This free resource explains the advantages and hazards of ESS, and how we can work together to help keep people and property safe.

Energy Storage is