Report

Battery Energy Storage Impact and Benefits Assessments in SPP

The Southwest Power Pool (SPP) is projected to see significant growth in renewable energy, reaching 55% of its installed capacity by 2035. To manage this increase and meet a projected peak demand of 69 gigawatts, flexible resources like Battery Energy Storage Systems (BESS) are essential.

A new independent analysis from Aurora Energy Research, commissioned by ACP, illustrates the role that batteries play within the Southwest Power Pool (SPP) region and examines their impact on SPP power markets.

By deploying even a moderate amount of BESS over the next decade, the SPP grid could achieve approximately $7 billion in cost savings. These savings are primarily realized by reducing peak electricity prices and improving overall grid reliability for consumers.

BESS enhances grid flexibility by storing energy during times of low cost and high renewable generation, then discharging it to the grid during periods of high demand and high cost. This process stabilizes the energy supply and provides significant economic and reliability benefits.

‍