Particle.news

Download on the App Store

MISO Weighs Market Reforms to Unlock $27B Savings With 11GW of Battery Storage

According to the report, scaling storage to 11GW could cut MISO's peak power price to $85.90/MWh in May 2035 from $245.30/MWh with no additional batteries.

Image
Map of US wholesale electricity markets. Image: ACP

Overview

  • The ACP-Aurora study shows deploying 11GW of battery storage across MISO by 2035 could lower system costs by $27 billion and trim average wholesale price growth by $1.40 per megawatt-hour.
  • MISO currently operates about 125 MW of batteries and expects nearly 1 GW online by spring 2026, with roughly 60 GW of standalone storage in its interconnection queue.
  • The report urges updates to electricity market rules, accelerated interconnection procedures and streamlined permitting to enable a 500% increase in battery capacity.
  • Federal production and investment tax credits for storage remain intact under the recent tax and spending legislation despite the phase-out of wind and solar credits.
  • Case studies in ERCOT and CAISO demonstrate that batteries can avert load sheds and provide critical ancillary services, bolstering grid reliability.