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Reading: US’ GMP plans to provide battery storage to all customers by 2030
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EV-a2z > News > US’ GMP plans to provide battery storage to all customers by 2030
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US’ GMP plans to provide battery storage to all customers by 2030

EV-a2zm
Last updated: 2023/10/12 at 8:26 PM
EV-a2zm Published October 11, 2023 4 Min Read
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Vermont-based leading utility Green Mountain Power (GMP) filed a proposal with state officials to provide all customers with battery energy storage for emergency purposes, particularly during power outages.

Contents
GMP’s 2030 Zero Outages Initiative Filing detailsPotential benefits

“It is our responsibility to deliver a system that is always on for our customers. No matter where you live or who you are, by 2030 a power system that’s there for you whenever you need it.” 

GMP CEO Mari McClure

We are addressing climate change impacts head on, benefitting all customers by creating equity and layers of resiliency across #vt. This builds on our successful undergrounding/storm-hardening of lines, as well as energy storage w/batteries & microgrids so everyone is connected. https://t.co/OE3Rj4xU3C

— Green Mountain Power (@GreenMtnPower) October 10, 2023

GMP’s 2030 Zero Outages Initiative 

Under the 2030 Zero Outages Initiative program, GMP seeks to deploy 270,000 battery storage units for all its customers by the end of this decade. 

Our Zero Outages Initiative is a first in the nation plan so customers stay powered up no matter the weather or their location. It’s about equity and safety – a way to address climate change head on. #innovation #safety #resiliency #vt #team https://t.co/o5IuM6U0tE

— Green Mountain Power (@GreenMtnPower) October 10, 2023

It aims to initially begin installing residential batteries in remote locations and gradually deploy energy storage to all customers by 2030.

In addition, it plans to strengthen power lines by burying them and replacing the current main feeder cables with three wires. 

According to Electrek, GMP has already developed 50-mile underground lines in rural residential areas so far. Remarkably, those lines remained in good condition despite overcoming major storm surges. GMP’s spacer cable installation saw trees falling on lines outside the right-of-way but without causing outages.

IEEE reported that spacer cables for one utility lowered tree-induced customer interruptions by 90%.

Filing details

The project’s first phase seeks a total investment of $250 million. It will focus on strengthening and burying power lines to make them more resilient, particularly during storms.

It also calls for another $30 million in capital expenditure for customer and community storage programs in the next two years. 

Meanwhile, the second phase awaits regulatory approval to expand the initial proposal beyond 2026.

All these are crucial for the company’s efforts to avoid power outages. For context, major storms have caused $45 million in damage throughout its service area in 2023 alone.

“We’ve had our worst storms in Vermont history in the last ten years. t doesn’t take very long in a climate-changed world to get to $80, $100 million a year.”

GMP CEO Mari McClure (via Utility Drive)

Potential benefits

See Also:

  • US: Non-fossil fuels to contribute 86% of new power generation capacity in 2023
  • US: Grid-scale energy storage deployment grew 5% in Q2 2023
  • German Government withdraws e-car solar subsidy scheme in just a day due to high demand
  • Gotion to develop $2B EV battery factory in Illinois with $530M government incentive
  • JAC Group and HiNa Battery introduce groundbreaking sodium-ion battery 

GMP already has a home battery program that allows customers to lease Tesla Powerwalls and non-Tesla products for $55/month. Such initiatives significantly aid the electrical grid as customers can access backup energy during emergencies and return the excess to the grid.

“Storage unlocks the power of renewable energy.

It’s important now, while those technologies are being developed and becoming cost-effective, that we set up our system to be ready for it.”

GMP CEO Mari McClure (via Utility Drive)

As for the recent filing, the Vermont Public Utility Commission is currently holding a public review to determine its feasibility. The first phase of the project may commence in the spring or summer of the following year if it successfully gains approval.

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TAGGED: Battery, BESS, Electricity Grid, USA
EV-a2zm October 12, 2023 October 12, 2023
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