New modeling shows Maryland can cost-effectively build more than 3,500 megawatts (MW) of energy storage by 2033 and deliver Maryland ratepayers as much as $100 million in savings annually. This is according to a new report from the American Clean Power Association (ACP) conducted by Synapse Energy Economics Inc.
Importantly, the report demonstrates that additional energy storage in Maryland supports grid reliability and can deliver emissions reductions of 93% below 2023 levels over the next 10 years.
The full report is available for download.
Contact John Hensley with questions.