Increase the capacity and capability of existing transmission and distribution utility assets, defer grid upgrade investments, improve grid reliability, and support the ability of grid operators to manage increasingly variable loads and resources.
Storage investment payback mechanisms include:
- Payment through rate-based capital investment recovery,
- Finance cost savings through improved capital efficiency, such as smaller incremental capacity upgrades closer in time to capacity expansion need,
- Credit for improved SAIDI/SAIFI/CAIDI/CAIFI reliability performance statistics, and
- Credit and/or payment for added firm transmission capacity