This study evaluates the potential economic value of storage for Nevada. The study examines the period between today and 2030, considering multiple “use cases” for energy storage. We document the assumptions made and analyses conducted to assess whether energy storage would provide value to Nevada customers in excess of its costs. The analyses conducted for this study focus on the value of stand-alone battery energy storage systems located on the transmission and distribution system, as well as on utility-operated behindthe-meter (BTM) storage programs. However, the general observations about the value of storage from this analysis of battery storage devices apply to other types of technologies such as hydroelectric, thermal, and compressed air storage.
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Nevada Governor’s Office of Energy.