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Maryland can build more than 3,500 MW of energy storage by 2033: report | Utility Dive

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Storage is critical to meeting emissions and energy goals “and now we’ve got the data to show it’s a cost-effective investment, too,” said ACP Director for Eastern State Affairs Moira Cyphers.

An article from Ratepayers are seen saving as much as $100 million a year by 2033. Published April 4, 2023 Permission granted by Stem Maryland can build more than 3,500 MW of energy storage by 2033, saving ratepayers as much as $100 million a year by 2033, according to preliminary findings in a recent report. An energy mix with more than 3,000 MW of energy storage could reduce emissions by 93% over the next 10 years over current levels, said the study, “Maryland Energy Storage Study Results,” released March 24 by Synapse Energy Economics for the industry group American Clean Power.…

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