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Duke Energy Plans To Invest At Least Half a Billion in Energy Storage in the Carolinas
Renewable Energy World: This week Duke Energy said that it plans to deploy about $500 million of battery storage capacity over the next 15 years, which it estimates to be equivalent to about 300 MW of capacity. (MWh of capacity was not specified.) The storage capacity investment is written into its latest Integrated Resource Plan (IRP).
Combining battery storage from all utilities, North Carolina has only about 15 megawatts of battery storage capacity in operation, and far less in South Carolina, so the IRP represents an almost 20-fold increase in storage for the region.
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