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Oct. 14, 2025
| This week’s storage news and insights for utility leaders
A report commissioned by the U.S. Energy Storage Coalition said North America’s largest grid operator needs to rapidly build storage to ensure reliability and mitigate cost increases amid a surge in electricity demand.
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ESS’ stock price doubled in early Friday trading. The pilot project is expected to be online by the end of 2027.
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Dominion Energy spokesman Aaron Ruby said the company is seeking the power purchase agreements as part of its “‘all of the above’ strategy to serve growing power demand.”
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U.S electric utilities are under mounting pressure to modernize infrastructure. Explore proven strategies for delivering enhanced grid reliability, operational savings and revenue opportunities in battery adoption in
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Xcel requested the Minnesota Public Utilities Commission approve the program with a budget range of $152 million, based on a minimum procurement of 50 MW, to $430 million if it deploys all 200 MW.
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Deep Dive
“If natural gas was the cheapest option to meet the peak, the markets would select it,” said Sean Kelly, co-founder and CEO of forecast provider Amperon and a former energy analyst.
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