New Analysis Shows Energy Storage Keeps Costs Low and Power Reliable in Texas
WASHINGTON DC, December 9, 2024 — The American Clean Power Association (ACP) today released an analysis highlighting how recent significant additions of energy storage capacity over the past year in Texas has resulted in lower energy costs for consumers, the ability to avoid conservation appeals, and has enabled the power grid to better navigate extreme weather events.
Texas has seen skyrocketing energy demand in recent years due to increasing population, electrification, and new industrial energy users. The state set records for electricity demand in both 2023 and 2024. This rise in demand, coupled with increasing weather events, has resulted in significant stress placed on the power grid in Texas.
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