Energy Storage News•22 days ago
PJM awards interconnection agreements to 23 BESS resources
Key Takeaway
PJM's reformed interconnection process is successfully clearing the path for substantial battery storage deployment, signaling new market opportunities and increased grid flexibility for developers and large power consumers.
AI Summary
- •PJM has awarded interconnection agreements for 23 battery energy storage systems (BESS) totaling 2.2 GW, marking a significant milestone in its first transition cycle (TC1) of the reformed interconnection process.
- •This indicates PJM's new interconnection queue reform is actively processing projects, providing a clearer and more predictable path to market for BESS developers.
- •The impending addition of 2.2 GW of BESS capacity will enhance grid flexibility, potentially influencing wholesale energy and capacity market prices, and creating new arbitrage and reliability opportunities for large power consumers.
Topics
capacity-marketfercinterconnectpjmpolicyqueuestorage