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Home | PJM needs 23GW of energy storage by 2040 

Posted 3 days ago | 2 minute read

USA Market: EIA maps battery storage expansion

PJM needs 23GW of energy storage by 2040 

The PJM region must deploy at least 16GW of energy storage by 2032 and 23GW by 2040 to maintain grid reliability, according to a report by Brattle commissioned by the US Energy Storage Coalition. 

Published on October 9, the report concludes that if the region can effectively deploy energy storage, it can: 

Falling short could result in 15GW of load shed during extreme weather and a 38% rise in electricity costs by 2028. 

The report also notes that hundreds of energy storage projects are currently stalled in PJM’s interconnection queue, with regulatory, permitting, and market design barriers delaying critical deployment. It calls for a streamlined interconnection processes, reform of market rules to properly value storage services, clarify transmission charge allocations, and modernize permitting standards. 

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