Energy » Energy & Environmental Technology » Energy Storage | Value of potential benefits of energy storage U.S. 2016

U.S. energy storage benefits value 2016

Value of potential benefits from energy storage in the United States in 2016 (Figures expressed in millions of U.S. dollars, unless otherwise specified)
Created with Highcharts 5.0.141 0831 083397397305305275275219219Reduced peak capacityAncillary services and wholesale marketcost reductionsAncillary services and wholesale market cost reductionsT&D cost reductionEnergy cost reductionRenewable integration cost reduction025050075010001250

The data displays the value of potential benefits from energy storage in the U.S. in 2016, by segment. About 1.1 billion USD could be saved in reduced peak capacity with the implementation of energy storage. It was estimated that the financial benefits of energy storage systems would total 2.3 billion USD.

Reduced peak capacity 1083
Ancillary services and wholesale market cost reductions 397
T&D cost reduction 305
Energy cost reduction 275
Renewable integration cost reduction 219

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