1. Duke Energy to Build Fast-Response Energy Storage System in Ohio

    Duke Energy to Build Fast-Response Energy Storage System in Ohio

    Duke Energy, LG Chem and Greensmith will team up to build a battery-based energy storage system in Ohio, designed to enhance reliability and increase stability on the electric power grid. Duke Energy, the nation's largest electric utility, currently owns nearly 15 percent of the grid-connected, battery-based energy storage capacity in the U.S., according to independent research firm IHS Energy. The new 2-MW storage project will assist in regulating electric grid frequency for PJM, the transmission organization that powers much of the eastern U.S.

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  1. Quotes

    1. Fast-responding energy storage is recognized for the tremendous benefits it provides to grid operations, because it can instantaneously absorb excess energy from the grid or release energy.
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