Utility Dive•3 days ago
Xcel proposes doubling battery storage at Minnesota coal plant
Key Takeaway
Xcel Energy's proposed 600 MW battery storage expansion at a coal plant in MISO signals a significant utility commitment to large-scale storage, impacting grid stability, market dynamics, and future development opportunities for developers and large loads.
AI Summary
- •Xcel Energy has proposed to double the battery storage capacity at its Sherco coal plant in Minnesota to 600 MW, signaling a major utility investment in large-scale energy storage.
- •The proposal requires authorization from the Minnesota Public Utilities Commission (MPUC), underscoring the critical role of regulatory bodies in approving and shaping significant energy infrastructure projects.
- •This move indicates a growing utility-led trend towards integrating substantial battery storage into the grid, which can enhance grid stability, improve resource adequacy, and potentially impact capacity markets in the MISO region.
- •For developers, this highlights a robust and expanding market for utility-scale battery storage projects and potential future interconnection opportunities. For large power consumers, it suggests improved grid reliability and resilience.
Topics
storagepolicymisocapacity-markettransmissionemissions